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 ...

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 ...
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Oracle refutes reports of issues at Abilene AI data center

Oracle Corporation (NYSE:ORCL) rejected recent media claims suggesting problems at its major AI data center in Abilene, Texas, saying the project remains on schedule and that it has secured the full 4 ...
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Oracle hits back at Stargate data center cancellation reports, claims OpenAI agreement on track

Oracle says its Abilene AI campus is progressing on schedule.

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 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.

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 ...

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.
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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 ...