Get the latest tech news

Oracle shares slide on $15B increase in data center spending

Company raises its capital expenditure forecast as it doubles down on AI infrastructure bet.

None

Get the Android app

Or read this on ArsTechnica

Read more on:

Photo of Increase

Increase

Photo of Oracle

Oracle

Photo of data center spending

data center spending

Related news:

Oracle stocks drop amid AI bubble fears

Maybe Weakness Isn't All Oracle's Fault: 3-Minutes MLIV

Oracle Drops on Disappointing Cloud Sales

« AI is accelerating cyberattacks. Is your network prepared?

Disney signs deal with OpenAI to allow Sora to generate AI videos featuring its characters »