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Oracle

Hackers are sending extortion emails to executives after claiming Oracle apps’ data breach

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Google says hackers associated with a prolific ransomware group are sending extortion emails to executives at “numerous” large organizations after claiming to have stolen their sensitive information from a suite of business software products developed by Oracle. In a statement provided to TechCrunch, Google’s head of cybercrime analysis Genevieve Stark said the hackers began sending … Read more

Oracle is embarking on a unique succession experiment: A company worth $870 billion run by 4 leaders

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The question arises not just because Oracle recently announced that two executives are the company’s new CEOs, succeeding Safra Catz, who had been CEO or co-CEO for the past 11 years. Making the succession more intriguing, Catz has been elevated to the board of directors with a previously unheard-of title, while founder Larry Ellison continues … Read more

Oracle is reportedly looking to raise $15B in corporate bond sale

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Oracle is reportedly looking to raise funds just weeks after the company inked an historic AI infrastructure deal with OpenAI.   Cloud infrastructure giant Oracle is looking to raise $15 billion through corporate bond sales, according to reporting from Bloomberg, citing sources. The sale could include up to seven different parts, with the potential for one said part to be an uncommon 40-year bond, Bloomberg reported.   TechCrunch reached out … Read more

OpenAI Teams Up With Oracle and SoftBank to Build 5 New Stargate Data Centers

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OpenAI is planning to build five new data centers in the United States as part of the Stargate initiative, the company announced on Tuesday. The sites, which are being developed in partnership with Oracle and SoftBank, bring Stargate’s current planned capacity to nearly 7 gigawatts—roughly the same amount of power as seven large-scale nuclear reactors. … Read more

OpenAI is building five new Stargate data centers with Oracle and SoftBank

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OpenAI announced on Tuesday that it plans to build five new AI data centers across the United States with partners Oracle and SoftBank through its Stargate project. The new data centers will bring Stargate’s planned capacity to seven gigawatts — enough energy to power more than five million homes. Three of the new sites are … Read more

OpenAI, Oracle, and Softbank expand Stargate with five new AI data centers

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In Abilene, Texas—in the heart of what locals call the Big Country, long defined by ranching and farming and now dotted with wind turbines—OpenAI and Oracle staged a carefully crafted  media showcase on Tuesday, ushering reporters through an 800-acre data center complex packed with tens of thousands of state-of-the-art Nvidia GPUs. The event was a … Read more

Larry Ellison’s Oracle set to spearhead U.S. oversight of TikTok algorithm

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Tech giant Oracle will spearhead U.S. oversight of the algorithm and security underlying TikTok’s popular video platform under the terms of a deal laid out this week by President Donald Trump’s administration. All the final details still need to be nailed down among several joint venture partners that will include Oracle, investment firm Silver Lake Partners and … Read more

Oracle promotes two presidents to co-CEO role

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Oracle is shaking up its executive suite as it sets its sights set on AI infrastructure dominance. The company announced Monday that it is promoting Clay Magouyrk and Mike Sicilia to co-CEO roles.   Magouyrk joined Oracle in 2014 from Amazon Web Services. He was a founding member of Oracle’s cloud engineering team and has served as the president of Oracle’s cloud infrastructure business unit for more than … Read more

Chainlink launches Data Streams as official oracle infrastructure on Taiko

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Key Takeaways Chainlink Data Streams is now live on Taiko and serves as the network’s official oracle infrastructure. Taiko Alethia operates as a based rollup leveraging Ethereum Layer 1 validators for sequencing and censorship-resistance. Share this article Chainlink Data Streams went live today on Taiko as its official oracle infrastructure to support the platform’s decentralized … Read more

OpenAI spending spree powering much of tech. Oracle latest example

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OpenAI CEO Sam Altman speaks to members of the media as he arrives at a lodge for the Allen & Co. Sun Valley Conference on July 8, 2025 in Sun Valley, Idaho. Kevin Dietsch | Getty Images News | Getty Images Oracle‘s historic stock surge this week marked the latest chapter in the story of … Read more

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