Sources: Oracle and OpenAI abandoned plans to expand a Stargate Texas data center amid financing disputes; Meta considers leasing the planned expansion site
Oracle Corp. and OpenAI have scrapped plans to expand a flagship artificial intelligence data center in Texas after negotiations dragged …
Sources: Oracle and OpenAI abandoned plans to expand a Stargate Texas data center amid financing disputes; Meta considers leasing the planned expansion site
Oracle Corp. and OpenAI have scrapped plans to expand a flagship artificial intelligence data center in Texas after negotiations dragged …
Sources: Oracle is planning to cut thousands of jobs as soon as March, among its moves to handle a cash crunch from a massive AI data center expansion effort
Oracle Corp. is planning to ax thousands of jobs, among its moves to handle a cash crunch from a massive AI data center expansion effort.
Sources: Oracle is planning to cut thousands of jobs as soon as March, among its moves to handle a cash crunch from a massive AI data center expansion effort
Oracle Corp. is planning to ax thousands of jobs, among its moves to handle a cash crunch from a massive AI data center expansion effort.
Oracle is selling $25B of bonds to help finance its AI buildout, in what is set to be the biggest high-grade US offering since Meta's $30B bond sale last year
Oracle Corp. is selling $25 billion of investment-grade bonds on Monday to help finance infrastructure that powers artificial intelligence projects …
Oracle says it plans to raise $45B to $50B in 2026 to build additional cloud infrastructure capacity, including for AMD and OpenAI, via debt and equity sales
Oracle Corp. said Sunday it plans to raise $45 billion to $50 billion in 2026 to build additional capacity for its cloud infrastructure through …
Oracle says final equity deal negotiations for its Michigan data center project are “on schedule” and Related Digital, not Blue Owl Capital, will be its partner
Oracle Corp. said final negotiations on an equity deal for a data center project in Michigan are “on schedule” …
Sources: Oracle seeks to borrow $15B through the US sale of corporate bonds, as it begins to fulfill massive cloud infrastructure deals with OpenAI and others
Oracle Corp. is seeking to borrow $15 billion from the US investment-grade bond market on Wednesday, according to people familiar with the matter.
Oracle promotes Clay Magouyrk and Mike Sicilia to co-CEOs, replacing Safra Catz; Magouyrk previously led Cloud Infrastructure, and Sicilia led Oracle Industries
Oracle Corp. on Monday promoted Clay Magouyrk and Mike Sicilia to become co-chief executive officers, signaling the company's focus …
OpenAI and Oracle unveil plans to develop 4.5GW of additional US data center capacity in an expanded partnership, hitting 5GW in total and running 2M AI chips
OpenAI and Oracle Corp. announced they will develop 4.5 gigawatts of additional US data center capacity in an expanded partnership …