Oracle is conducting a round of layoffs, two people familiar with the move told CNBC. The layoffs were in the thousands, the people said. The software maker has continued to increase spending on data ...

Employees across the US, India, Canada, and Mexico woke up on 31 March to termination emails from “Oracle Leadership” with no prior warning. TD Cowen estimates the cuts will affect 18% of Oracle’s 162 ...

The developers of Delaware's largest data center proposal are forging ahead despite state roadblocks. A state-level board affirmed the Delaware Department of Natural Resources and Environmental ...

SALEM TOWNSHIP, PA — A data center developer says it plans to build a campus in Salem Township. Luzerne County property records filed in March showed QTS, a Kansas-based data center developer, ...

OpenAI is walking away from expanding its flagship Stargate data center with Oracle because it wants next-generation Nvidia chips at new sites instead. Oracle is the only major player funding the AI ...

Next week brings a slate of potentially market-moving events, with inflation data front and center. Wednesday's consumer-price index and Friday's personal-consumption expenditures index will offer the ...

OpenAI (OPENAI) and Oracle (ORCL) have decided not to expand their data center site in Abilene, Texas, from 1.2 GW to 2 GW, according to Bloomberg. Apparently, Oracle and OpenAI's expansion plans were ...

Investing.com -- Oracle Corporation (NYSE:ORCL) shares fell 1% in Friday’s final trading hour after Bloomberg reported the company and OpenAI ended plans to expand their Texas data center site. Unlock ...

March 5 (Reuters) - Enterprise software company Oracle (ORCL.N), opens new tab is planning thousands of job cuts as it faces a cash crunch from a massive AI data center expansion effort, Bloomberg ...

Oracle's competitors can leverage their cash flow to outspend the company. Oracle may be undercutting its peers to win mega-scale cloud contracts. The company's roadmap is heavily dependent on OpenAI ...

Ryan Sanders, a partner with Atlanta-based Beltline Energy company, watches on Wednesday, Feb. 25, 2026, as a roomful of Pacific residents angrily react to his announcement that he has not yet ...