Oracle Chief Financial Officer Doug Kehring said Wednesday that the database and cloud firm was exploring unusual ways to lower its spending on data centers for artificial intelligence. Kehring said ...

Shares in Larry Ellison’s database company fell as much as 16 per cent on Thursday, before trimming its losses to close down ...

Oracle stock fell after Bloomberg reported that some data centers it is making for OpenAI will be pushed to 2028 from 2027.

Oracle said that spending would rise by $15 billion compared with earlier estimates - a sign that big capital outlays to ...

Oracle took another hit after word spread that several data centers tied to its massive OpenAI contract will now finish in ...

ORCL stock declined as the company faces execution risks in scaling AI and cloud capacity. Oracle denies delay.

Oracle has delayed the completion of some of the data centers it is developing for OpenAI to 2028 from 2027, according to a Bloomberg report. Oracle shares fell 5% Friday morning after already dipping ...

It is a far cry from the company’s last quarterly results, released in September, when news of a series of AI deals boosted ...

Oracle raised its forecast for capital expenditure this financial year by more than 40 per cent to $50 billion. The outlay, ...