#oracle
The latest AI and developer news about #oracle, with the original source and a short summary.
The latest AI and developer news about #oracle, with the original source and a short summary.
Oracle plans to issue $10 billion in common stock and $10 billion in senior notes, a move that triggered an 8.8% drop in its shares.
Oracle reports 130,000 active ChatGPT users and 95,000 Codex users while launching Oracle AI Workspace and new security and SMB offerings powered by OpenAI models.
In Toss Securities Oracle DB, repeated commit waits of 0.1 seconds or more despite normal average CPU were caused by NIC interrupts concentrated on one socket, and most of it improved after distributing interrupts across two sockets.
Oracle reports reducing talent acquisition research time from 2–4 days to 15–20 minutes using ChatGPT Work, alongside 130K active ChatGPT users and 95K+ Codex users.
Oracle stock dropped 4% after sending a force majeure notice to Blue Owl Capital regarding the Project Jupiter data center, seeking protection from higher costs tied to the 2028 project.
OpenAI's projected computing spend for 2030 has been revised upward to $856 billion, with risks raised that cash burn could worsen exponentially if revenue targets are missed.
Oracle has prohibited contributions of AI-generated code and content to OpenJDK.
The OpenJDK community has announced an interim policy banning contributions of content created by generative AI in order to protect code quality and intellectual property.
Oracle carried out large-scale workforce cuts and restructuring to cover the massive costs of expanding its AI infrastructure.
Oracle's credit rating was downgraded due to massive debt from AI infrastructure expansion and its heavy reliance on OpenAI.
When migrating an Oracle data warehouse to Databricks Lakehouse, the approach should be organized by business Use Case rather than by the database itself.
Oracle's stock plunged after the company announced a large-scale capital raise plan to expand AI infrastructure and disclosed negative cash flow.
Oracle has released a comprehensive open-source developer hub for building production-grade AI agents and RAG implementations.
After lawsuits, the OpenAI-Oracle data center that had been opposed in Michigan has broken ground.
Oracle laid off up to 30,000 people amid its AI transition and expanded data center investments.
AI-related stocks wobbled again after reports that OpenAI missed targets.
Shares of major AI-related companies, including Oracle and CoreWeave, fell due to concerns over a slowdown in OpenAI's growth.
Oracle and AI chip stocks fell after reports that OpenAI missed its internal user and revenue projections.
A WSJ report fueled concerns about slowing OpenAI growth and revenue, triggering a sharp selloff in AI infrastructure stocks.
Oracle's massive AI data center loans are testing the limits of Wall Street's risk tolerance.
Stargate is scaling into a massive AI infrastructure network, deploying over 9GW across 7 sites in the US.
A cross-verified price feed for AI agents and MCP clients has been released.
Google, Microsoft, Meta, Amazon, and Oracle account for about two-thirds of the world's AI compute.
OpenAI is expanding its AI infrastructure by building a new Stargate campus in Michigan.