Oracle Settles Suit Over Tracking Your Data. How to File a Claim NEW YORK (AP) — Tech behemoth Oracle has agreed to settle a class action lawsuit for $115 million over allegations that it tracked ...

Oracle is soaring as investors cheer its aggressive data-center forecast as a positive sign for AI demand.

The deal is one of the largest cloud contracts ever signed, reflecting how spending on AI data centers is hitting new highs despite mounting concerns over a potential bubble.