Oracle layoffs will help cost savings, analysts say

Oracle plans to cut thousands of jobs which will free up cash flow as the company aggressively invests in its AI data center ...

Oracle lays off more than 150 California workers

In January, President Donald Trump announced the Stargate venture to ramp up U.S. AI deployment, with Oracle Executive ...

Oracle cuts 491 jobs in Washington state as it embraces AI-led engineering

Oracle's layoffs affect more than 230 software developers and an additional 48 software development employees in Washington ...
24/7 Wall St

Jim Cramer: Oracle Is the King of Data Centers and Fastest Growing

Oracle (ORCL) down 22% YTD to $151.56 despite $523B in Remaining Performance Obligations up 438% and multicloud database up 817%. Nvidia (NVDA) data center revenue $62.31B up 75%, Broadcom (AVGO) AI ...
Abilene Reporter-News

Oracle disputes reports on Abilene AI data center expansion

Oracle called recent news reports about Abilene's Stargate data center "false and incorrect" this week. Media reports surrounding the expansion of the artificial intelligence data center indicated a ...
Fox Business

Oracle expected to slash thousands of jobs as massive AI spending creates financial cash crisis

Enterprise software giant Oracle is reportedly planning to ax thousands of jobs due to mounting financial pressure from its aggressive push to build AI-focused data centers. The tech powerhouse may ...
Reuters

Oracle and OpenAI drop Texas data center expansion plan, Bloomberg News reports

March 6 (Reuters) - Oracle and OpenAI have abandoned plans to expand a flagship artificial intelligence data center in Texas after negotiations dragged over financing and OpenAI's changing needs, ...
MLive

Rural community to put 6-month pause on data centers following interest from developer

YORK TWP., MI — An influx of proposals for massive data centers to power artificial intelligence and other computing technologies has prompted York Township officials to consider pausing such ...
MLive

Saline Township planners consider pause on industrial amid OpenAI, Oracle data center backlash

SALINE TWP., MI — Saline Township planners are mulling over ways to have more local control over heavy development, as pushback against the massive “Stargate” data center for OpenAI and Oracle ...
Hosted on MSN

Oracle Health's alleged breach could compromise patient data - report

An alleged data breach at Oracle Health (NYSE:ORCL) could impact several U.S. healthcare organizations and hospitals after a threat entity stole patient data from legacy servers, BleepingComputer ...
Business Insider

Oracle and OpenAI's AI data centers buildout needs $500 billion, and Wall Street is starting to flinch

Oracle and OpenAI have plans to build $500 billion of data centers in a venture called Stargate. JPMorgan Chase has seen slower investor interest for $38 billion of debt tied to two Stargate sites.
The Scranton Times-Tribune

Clifton Twp. to consider settlement with data center developer

Clifton Twp. will consider a settlement agreement Friday with the developer behind Lackawanna County’s largest proposed data center campus, potentially ending a legal challenge over whether the ...