At Oracle World in Las Vegas in October, Oracle Corp. founder and CEO Larry Ellison got right to the point. “AI changes everything,” Ellison told attendees, and his company’s recent releases have ...

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, ...

OAKLEY — A proposed industrial project that had initially included data centers had the controversial use removed by the developer at the last minute following pushback from the community over ...

A developer has scrapped a controversial plan to build a new data center on the former Lockformer property in Lisle. Village officials announced on social media Wednesday that the developer has ...

Oracle stock popped as the company reported strong fiscal third-quarter earnings and reassured investors about its AI cloud computing plans. CEO Clayton Magouyrk touted Oracle's ...

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 ...

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 ...

March 6 (Reuters) - Oracle and OpenAI have abandoned ⁠plans ⁠to expand a flagship ⁠artificial intelligence data center in Texas after negotiations dragged over financing and OpenAI's changing needs, ...

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 ...