Oracle’s $50-billion AI bet forces it to cut thousands of jobs

Some of the cuts will be aimed at job categories that the company expects it will need less of due to AI, two of the people ...

Oracle plans thousands of job cuts as data center costs rise, Bloomberg News reports

Enterprise software company Oracle is planning thousands of job cuts as it faces a cash crunch from a massive ​AI data center ...
Albuquerque Journal

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

Oracle, the tenant of the massive data center complex under construction in Santa Teresa, recently doubled the estimated number of jobs for Project Jupiter. Construction on the campus, which will ...
Computer Weekly

Birmingham Oracle project: Data cleansing and resourcing issues

Questions raised during the latest audit committee meeting at Birmingham City Council show continued concerns among councillors that its controversial Oracle project will fail to go live on time, as ...
Forbes

How Oracle AI Database 26ai Addresses The Enterprise AI Data Paradox

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. Every enterprise IT executive faces the same AI paradox: their most valuable data sits ...
Bloomberg L.P.

Oracle and OpenAI Win Michigan Approval to Power New Data Center

Michigan regulators unanimously approved a request from utility DTE Energy Co. to power a massive data center development planned by Oracle and OpenAI, during a contentious hearing where some members ...
MLive

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 ...
Detroit Free Press

Oracle says Michigan data center project talks on track without Blue Owl

Oracle said talks for an equity deal to support its Michigan data center project remain on schedule and do not include Blue Owl Capital, after a report of stalled negotiations with the crucial partner ...
CNBC

Oracle stock dips 5% as Blue Owl Capital pulls out of funding $10 billion data center

Oracle stock slid after a report that Blue Owl Capital won't back a $10 billion data center for OpenAI. The cloud company later said that the project remains "on schedule" but that Blue Owl was out of ...
Bloomberg L.P.

Oracle Says Blue Owl Not in Michigan Deal, Talks on Track

Oracle Corp. said final negotiations on an equity deal for a data center project in Michigan are “on schedule” and doesn’t include Blue Owl Capital, a firm that has helped finance massive data center ...
U.S. News & World Report

Oracle Says Michigan Data Center Project Talks on Track Without Blue Owl

Dec 17 (Reuters) - Oracle said ‌talks for an equity deal to ‌support its Michigan data center project remain on schedule and do not include Blue Owl Capital, after a report of stalled negotiations ...