Oracle has sent a force majeure notice to the developer of Project Jupiter, a Stargate data center campus in New Mexico, Bloomberg first reported Thursday. Force majeure clauses, common in energy and ...
Oracle sent a "force majeure" notice to the developer of its data center project in New Mexico. The company is looking to delay payment if the project doesn't come online in 2028, according to ...
Blue Owl says notice does not change financial commitments to multi-year project Blue Owl has about $3 billion in equity, while Oracle pays debt costs, source says Oracle says Project Jupiter remains ...
Another Long Island development giant is splitting up. Sterling Equities co-founder Fred Wilpon, along with Richard and Scott Wilpon, left the company as part of a “planned organizational transition,” ...
Oracle is laying off 359 employees in Washington state — its second significant job cuts this year — according to a filing Wednesday with the state Employment Security Department. The cuts affect ...
Oracle layoffs are back in the spotlight after the company began another round of job cuts on Sept. 14, even as it commits tens of billions of dollars to artificial-intelligence infrastructure. The ...
Oracle Health’s clinical artificial intelligence agent is now available for nurses in the U.S., roughly two years after the tool launched first for physicians, the company announced Monday. For ...
Oracle’s proposed investment in 2 gigawatts of renewable energy projects for New Mexico comes as local opposition could delay development of the Project Jupiter data center that Oracle is building for ...
Analysts said Oracle helped dispel a string of investor concerns with its latest earnings report — but the stock’s postearnings momentum didn’t last long. Shares of Oracle ORCL rose as much as 8.5% ...
Oracle's results surpassed consensus on the top and bottom lines. Revenue growth came in at about 30% for the fiscal first quarter and could accelerate this period. In this article Oracle shares moved ...
Oracle has a diverse business spanning enterprise software, database systems, AI infrastructure, and more. All eyes are on the cloud infrastructure segment right now, which is where the company logs ...
Oracle’s proposed $165 billion data center project in New Mexico has run into a decidedly low-tech problem: the natural gas pipeline meant to help power it won’t be ready on time. Energy Transfer ...