Oracle called recent news reports about Abilene's Stargate data center "false and incorrect" this week. Media reports ...

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 ...

March 6 (Reuters) - Oracle and OpenAI have abandoned plans to expand a flagship artificial intelligence data center in Texas ...

Live Updates Conference Call Highlights 18 hours ago Here’s the key highlights from Oracle’s conference call: First 20/20 ...

ABILENE, Texas (KTAB/KRBC) – Oracle is refuting recent media reports about their data center in Abilene, saying they are “inaccurate” and there is a “fundamental misunderstanding.” In a statement ...

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

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

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 ...

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 plans thousands of layoffs as it ramps AI data center spending and targets $45–$50B for cloud capacity.

Oracle Corporation ORCL is one of the most anticipated earnings reports of the week, with investors and analysts looking forward to third-quarter financial results on Tuesday after market close. Here ...