Oracle Plans Thousands of Job Cuts in Face of AI Cash Crunch

Oracle Corp. is planning to ax thousands of jobs, among its moves to handle a cash crunch from a massive AI data center ...

Oracle AI Data Center Pullback Tests Spending Discipline And Partner Reliance

Oracle and OpenAI have canceled plans to expand a flagship AI data center project in Abilene, Texas, after negotiations over ...
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Oracle/OpenAI drop plans to expand flagship Abilene Stargate site, Meta in talks to pick up Crusoe capacity with Nvidia's help

Oracle and OpenAI have canceled plans to expand their flagship Abilene Stargate data center campus. The project is developed ...

Is Oracle’s Massive $500 Billion Stargate Project in Trouble?

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 ...

Here's Why Oracle Stock Got Hammered Last Month

The market continues to stress the company's exposure to OpenAI, not least as Oracle's debt continues to balloon while its ...

Oracle to start layoffs which may go up to 30,000 as company faces cash crunch to meet its commitment to Sam Altman's OpenAI for...

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

Jefferies analyst: Oracle down 50% but in ‘better spot’ with accelerating growth

Oracle (NYSE:ORCL) has had a brutal run since its moment in the AI spotlight. But Jefferies analyst Brent Thill isn’t running ...

Oracle layoffs 2026: Why is Larry Ellison-led firm laying off thousands of employees and how is OpenAI linked to it

Oracle Corporation plans mass layoffs affecting thousands of employees to address a cash crunch linked to its AI data center ...