Oracle and OpenAI have abandoned plans to expand their flagship data centre site in Texas, walking away from a ...

Led by Chairman Larry Ellison, Oracle is embarking on a historic build-out of data centers to power AI workloads for ...

Oracle is reportedly planning significant job cuts, potentially thousands, to manage a growing cash crunch fueled by its ...

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 ...

Oracle Corp (NYSE:ORCL, XETRA:ORC) is planning to cut thousands of jobs as it works to manage the financial strain from a major expansion of artificial intelligence data centers, according to a report ...

Oracle’s initial moves as an AI cloud provider drew favour from investors, who boosted the stock 61 per cent in 2024 and 20 per cent last year. However, as the costs increased, the market has soured ...

MU rides on surging HBM chip demand and tight supply, boosting pricing power and margins, while Oracle's risks tilt the AI stock race.

Oracle may cut thousands of jobs in 2026 as it redirects billions toward AI data centres, automation and its massive Stargate infrastructure project.

The Oracle layoffs coincide with Chairman Larry Ellison's plan to build AI data centres for the likes of OpenAI, and compete with AWS and Microsoft Azure.

The reductions being planned are expected to be wider-reaching than the company’s typical rolling job cuts, according to the people ...

Oracle is planning to axe thousands of jobs worldwide, among its moves to handle a cash crunch from a massive AI data center expansion effort.

Oracle layoffs 2026: US tech giant Oracle is again planning to cut around 30,000 jobs as the company faces a massive cash crunch from a massive ​AI data center expansion effort. Larry Ellison's $300 ...