Oracle denies reports of Abilene data center troubles

Bloomberg reported on March 6 that Oracle and OpenAI had abandoned plans to expand the Abilene facility, citing prolonged ...

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 ...

Oracle plans thousands of job cuts as data center costs rise, Bloomberg News reports

March 5 (Reuters) - Enterprise software company Oracle is planning thousands of job cuts as it faces a cash crunch from a ...

Oracle plans to lay off thousands of employees due to AI data center buildout expenses: report

Oracle plans thousands of layoffs as it ramps AI data center spending and targets $45–$50B for cloud capacity.
24/7 Wall St.

Oracle Leads Data Center Stocks as Applied Digital and CoreWeave Sink

Last week offered a clear split in the data center and AI infrastructure trade. Oracle held its ground and then some, rising on AI cloud momentum and an analyst upgrade. Meanwhile, CoreWeave and ...

How Oracle AI Database 26ai Addresses The Enterprise AI Data Paradox

Oracle Database 26ai embeds AI capabilities directly into production databases, enabling enterprises to deploy AI securely ...