Indiatimes

Oracle may lay off up to 30,000 employees, and one of the Big reasons is the company's 'commitment' to Sam Altman's OpenAI for…

Oracle faces massive job cuts, potentially 20,000-30,000, to fund its costly $300 billion OpenAI partnership. The tech giant has already spent $58 billion on data centers and is struggling with rising ...
The Financial Express

Oracle planning biggest layoffs in years, to cut 30,000 jobs amid AI data-center funding crunch: Report

According to a report by CIO, citing investment bank TD Cowen, Oracle is considering cutting between 20,000 and 30,000 jobs and may also look at selling parts of its business, including Cerner, the ...
moneycontrol.com

Oracle may slash 30,000 jobs amid struggle to finance AI data centres

Did our AI summary help? Oracle is preparing for what could be one of the biggest job cuts in its history as it struggles to fund an ambitious push into artificial intelligence data centres. According ...
Reuters

Oracle shares gain as $50 billion raise eases data-center funding fears

Feb 2 (Reuters) - Oracle (ORCL.N), opens new tab shares gained 2% on Monday after Wall Street analysts said the software company's $50 billion fundraising plan allays worries over its ability to ...
WRBL

Mayor, top economic developer say now is the time to discuss bringing AI data centers to Columbus

COLUMBUS, Ga. (WRBL) — Those charged with recruiting jobs and industry to Columbus say now is the time to recruit large data centers to the city. In some communities, those data centers have been ...
9NEWS

Developer confirms plans for AI data center in Weld County

WELD COUNTY, Colo. — Plans are moving forward for a large artificial intelligence data center in Weld County after a developer confirmed the northern Colorado property sale. Developer Martin Lind said ...
Hypebeast

TikTok USDS Joint Venture Puts U.S. User Data in Oracle Cloud

TikTok has created a new majority American-owned TikTok USDS Joint Venture LLC to keep its U.S. operations alive under strict national security safeguards The joint venture locks U.S. user data and ...
St. Louis Post-Dispatch

Data center developer has one site in Berkeley. Now, they want a second one in Foristell

Large liquid storage tanks are part of a new data center facility being built in Berkeley, seen Monday, Jan. 12, 2026. Minnesota-based data center developer Oppidan Investment Co. is finishing ...
Austin American-Statesman

Oracle facing possible class action over data breaches impacting millions

Oracle Corp., the Austin-based tech giant, is facing a potential class-action lawsuit over multiple data breaches this year impacting millions of people. A federal judge in Austin is currently ...
Bloomberg L.P.

Alphabet to Buy Data Center Partner Intersect for $4.75 Billion

Alphabet Inc. has agreed to buy clean energy developer Intersect Power LLC for $4.75 billion in cash, plus existing debt, marking one of the largest deals by the tech giant to dramatically expand its ...
The New York Times

Google Buys Data Center Company for $4.75 Billion

The deal for Intersect, a data center and energy developer, is set to help Google build out its infrastructure for artificial intelligence. By Eli Tan Reporting from Seattle Google has agreed to buy ...
Morningstar

Oracle: TikTok Deal Secures Major Cash Flow but Does Little to Derisk the Data Center Buildout

Multiple media outlets, including the Associated Press, reported that ByteDance has reached an agreement with Oracle ORCL, Silver Lake, and Abu-Dhabi-based MGX to set up a joint venture for TikTok’s ...