Microsoft Corp. will occupy a data center project previously earmarked for Oracle Corp. and OpenAI, scooping up 900 megawatts ...

Oracle and OpenAI shelved data center expansion plans after negotiations stalled over financing terms and OpenAI’s evolving compute requirements, though the core agreement remains intact. Are you ...

Microsoft (MSFT) is apparently discussing leasing out segments of an uncompleted data center site in Abilene, Texas, according to The Information. The site in question is one of the flagship centers ...

WUSA-TV Washington, D.C. Posted: March 9, 2026 | Last updated: March 9, 2026 According to reports, Oracle to layoff thousands in order to fund AI expansion. House Republicans give GOP senators ...

Oracle (ORCL) will report its third quarter earnings after the bell on Tuesday, amid reports that the company has axed plans to expand an AI data center with OpenAI (OPAI.PVT) and that it’s preparing ...

Oracle surpassed estimates for the quarter, and lifted its guidance for fiscal 2027 revenue. During the quarter, Oracle announced plans to raise $45 billion to $50 billion in the fiscal year to expand ...

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 ...

Oracle has emerged as a major player in the business of renting computing power thanks, in part, to its $300 billion deal with OpenAI. Enterprise software company Oracle is planning thousands of job ...

Oracle Corp. and OpenAI have scrapped plans to expand a flagship artificial intelligence data center in Texas after negotiations dragged over financing and OpenAI’s changing needs. The collapsed talks ...

Oracle has guided for tremendous revenue growth in its cloud infrastructure business over its next four fiscal years.

Enterprise software giant Oracle (ORCL) is set to report quarterly results on Tuesday, with Wall Street laser-focused on the performance of its cloud business and how much it is spending to build out ...