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Michael Burry Warns Major Tech Companies Face Potential AI Infrastructure Write-Offs

Michael Burry Warns Major Tech Companies Face Potential AI Infrastructure Write-Offs

Michael Burry Warns Major Tech Companies Face Potential AI Infrastructure Write-Offs

Corporate debt maturities set to test US borrowers as rates rise

Corporate debt maturities set to test US borrowers as rates rise

By Patturaja Murugaboopathy Sept 25 (Reuters) - A growing wall of US corporate debt is set to mature from 2027, putting pressure on companies to refinance borrowings raised at ultra-low interest rates during the pandemic.

AI's $10 trillion buildout runs into major issue

AI's $10 trillion buildout runs into major issue

The U.S. will spend more on AI infrastructure than it spent on electrification, railroads, highways, and telecommunications.

Cisco CEO Chuck Robbins Warns Employees on AI Transformation, Advocates Against Layoffs

Cisco CEO Chuck Robbins Warns Employees on AI Transformation, Advocates Against Layoffs

Cisco CEO Chuck Robbins Warns Employees on AI Transformation, Advocates Against Layoffs

Wall St edges up on AI enthusiasm, Mideast negotiation hopes

Wall St edges up on AI enthusiasm, Mideast negotiation hopes

By Johann M Cherian and Avinash P Sept 25 (Reuters) - Wall Street's main indexes inched higher in choppy trading on Friday as AI optimism buoyed sentiment and oil prices eased, while investors monitored efforts to secure a deal to end the Middle East conflict.

If HP Enterprise's Story Fascinates You, Study These 5 Companies Next

If HP Enterprise's Story Fascinates You, Study These 5 Companies Next

Explore five tech giants—IBM, Dell, Cisco, Oracle, and Kyndryl—whose corporate strategies mirror the complex reinvention journey of HPE.

Oracle triggers 'force majeure' on data center project over power delays, source says

Oracle triggers 'force majeure' on data center project over power delays, source says

By Isla Binnie Sept 24 (Reuters) - Oracle issued a "force majeure" notice to a Blue Owl unit, the developer of a large New Mexico data center, citing potential delays in securing power for the project, a person familiar with the matter told Reuters on Thursday. Shares of Oracle fell around 4%.

Oracle's America Cloud Infrastructure Unit Experiences Layoffs Amidst Revenue Growth

Oracle's America Cloud Infrastructure Unit Experiences Layoffs Amidst Revenue Growth

Oracle's America Cloud Infrastructure Unit Experiences Layoffs Amidst Revenue Growth

Oracle Implements Layoffs in Cloud Infrastructure Unit Amid AI Expansion

Oracle Implements Layoffs in Cloud Infrastructure Unit Amid AI Expansion

Oracle Implements Layoffs in Cloud Infrastructure Unit Amid AI Expansion

Oracle layoffs top 2,500 workers as AI spending surges

Oracle layoffs top 2,500 workers as AI spending surges

Oracle's latest layoffs are scheduled for November.

As the coding boom fades, computer science grads focus on AI skills in choppy job market

As the coding boom fades, computer science grads focus on AI skills in choppy job market

It's a difficult job market for new graduates, especially in fields like software development where artificial intelligence is shouldering more of the work

Oracle and Buck Institute Collaborate to Advance Federal Aging Research Initiative

Oracle and Buck Institute Collaborate to Advance Federal Aging Research Initiative

Oracle and the Buck Institute for Research on Aging are partnering to advance research into age-related diseases. This collaboration aims to support discoveries that can extend the healthy years of life. The Buck Institute will utilize Oracle Life Sciences Data Intelligence, which includes over 122 million de-identified longitudinal Oracle Health Real-World Data records, along with advanced analytics. The primary goal is to research biomarkers that enable early detection and targeted intervention for aging-related complications. This research is also intended to pursue qualification for the first FDA-grade “Intrinsic Capacity Score,” a vitality score for healthy aging. The Buck Institute is a key analytics and bioinformatics engine for the Stanford University-led Transforming Health: Reclaiming Intrinsic Vitality for Everyone (THRIVE) consortium, which is part of the PROactive Solutions for Prolonging Resilience (PROSPR) program from the Advanced Research Projects Agency for Health (ARPA-H) within the U.S....