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Is Oracle’s massive $500 billion Stargate project in trouble?

Quick Read Oracle (ORCL) sits 56% below its 52-week high; Jefferies cut price target to $320 from $400 after shelving ...

Oracle Resets AI Data Center Push As Layoffs Test Growth Story

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

After denying delay in data centre project with OpenAI for months, Oracle goes ahead and scraps it as two companies cannot get … right

Oracle and OpenAI have scrapped plans to expand their flagship Stargate data centre in Abilene, Texas, after months of failed ...
Analytics Insight

Oracle Layoffs Signal Deeper Strain From its AI Data Center Push

Oracle is preparing broad job cuts as it tries to contain the cost of a major AI data center push. The company is also launching new AI software, which shows a ...
Yahoo Finance

Why Oracle Is a No-Brainer Growth Play Now

Oracle projects cloud infrastructure revenue will explode from $10 billion to $144 billion by 2030, outpacing AWS and Azure at comparable stages. The company's $455 billion backlog and ...
Albuquerque Journal

Oracle doubles Project Jupiter job projections, saying operations will ‘require a much larger team’

Oracle now expects 4,000 construction jobs and 1,500 permanent roles at its AI data center in Santa Teresa, amid local debate ...
SDxCentral

Oracle Curates CNCF Projects

Oracle tightened its embrace of the Cloud Native Computing Foundation (CNCF), announcing a curated set of open source software plucked from CNCF’s menu of projects. The CNCF projects are part of what ...

Oracle data center project with OpenAI remains on track

CNBC's Seema Mody reports on news regarding OpenAI.