Additional data-center capacity needed by OpenAI will be fulfilled by other Oracle data centers, a source told Barron’s.

Oracle plans to cut thousands of jobs across multiple divisions as it works to manage costs tied to its AI data center ...

Last year, Oracle (NYSE:ORCL) announced a massive, $500 billion data center project in Texas that signed on major AI stocks as partners. The Stargate initiative was positioned as a transformative leap ...

The newsletter keeps you informed of the biggest stories set to make headlines, including upcoming IPOs, investor days, earnings reports, and conference presentations. The stock market was deep in the ...

Oracle plans significant job cuts affecting thousands of employees as it embarks on a costly data center expansion to support ...

Oracle and OpenAI have scrapped plans to expand their flagship Stargate data centre in Abilene, Texas, after months of failed negotiations over financing and shifting demand. The collapse comes ...

Oracle and ​OpenAI have reportedly abandoned plans ‌to expand a ​flagship artificial ⁠intelligence data centre in Texas ...

Oracle and OpenAI have reportedly cancelled their plans to expand a major artificial intelligence data centre in Texas due to ...

Oracle and OpenAI have scrapped plans to expand a flagship artificial intelligence data centre in Texas after negotiations ...

Oracle and OpenAI abandon Texas data center expansion, opening doors for Meta to explore leasing the site from Crusoe.

ORACLE and OpenAI have abandoned plans to expand a flagship artificial intelligence (AI) data center in Texas after negotiations dragged over financing and OpenAI’s changing needs, Bloomberg News ...

Bloom Energy (BE) stock plummeted 15.5% after Oracle and OpenAI cancelled their Texas AI data center project, despite strong ...