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 ...

OpenAI and Oracle decide not to expand Texas data center site: report

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

Oracle’s $50-billion AI bet forces it to cut thousands of jobs

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 ...
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Jefferies analyst: Oracle down 50% but in ‘better spot’ with accelerating growth

Oracle (NYSE:ORCL) has had a brutal run since its moment in the AI spotlight. But Jefferies analyst Brent Thill isn’t running away from it. He just reiterated his Buy rating on the stock, and while he ...

Catalyst Watch: Eyes on oil prices, inflation reads, and Oracle earnings

Earnings watch - Notable companies due to report include Oracle ( ORCL ), AeroVironment ( AVAV ), and Nio ( NIO ). Options trading implies a double-digit swing in share price for Kohl's ( KSS) and ...

Ancient Greece’s most famous oracle was just high on gas fumes

In 1996, after gaining permission from the Greek government, Hale and De Boer made their first expedition to Delphi. They ...
Reuters

Oracle Corp

Oracle plans thousands of job cuts as data center costs rise, Bloomberg News reports Enterprise software company Oracle is planning thousands of job cuts as it faces a cash crunch from a massive AI ...