Oracle is reportedly planning thousands of layoffs as it pours billions into AI data centers, raising investor concerns over ...

OpenAI and Oracle pause Abilene data center expansion as Meta eyes leasing the added 0.8GW in the Stargate Project.

Oracle and OpenAI have abandoned plans to expand a flagship artificial intelligence data center in Texas after ​negotiations ...

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Some of the cuts will be aimed at job categories that the company expects it will need less of due to AI, two of the people ...

While Oracle has traditionally been viewed as a legacy database provider, its aggressive pivot toward Oracle Cloud Infrastructure (OCI) has sparked a ...

Investors have grown worried about how it would fund the data center expansion needed to serve customers including OpenAI, Elon Musk's xAI and Meta.

Oracle plans thousands of layoffs as it ramps AI data center spending and targets $45–$50B for cloud capacity.

Enterprise software company Oracle is planning thousands of job cuts as it faces a cash crunch from a massive ​AI data center ...

If Oracle maintains this pattern of aggressive short-term rallies, current shareholders could see significant upside from ...