Oracle cutting thousands in latest layoff round as company continues to ramp AI spending

Oracle has ratcheted up its capital expenditures as it builds data center infrastructure that can handle AI workloads.
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Oracle slides after OpenAI data center delays push timeline to 2028

Oracle took another hit after word spread that several data centers tied to its massive OpenAI contract will now finish in 2028, not 2027. Reportedly, the change came from labor shortages and limits ...
The Financial Express

Oracle discloses layoff details: Tech, management roles see major cuts

Tech company Oracle has announced a major round of lay-offs this week, with up to 30,000 employees losing their jobs, PTI reported. New details from official documents now show exactly which roles and ...
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Oracle might have different backer for OpenAI data center after major investor backs out

SALINE TWP., MI — Reports have surfaced that funding for a controversial hyperscale data center project in a rural Michigan community near Ann Arbor is up in the air. But a Big Tech giant and its ...