Enterprise software company Oracle is planning thousands of job cuts as it faces a cash crunch from a massive ​AI data center expansion effort, Bloomberg News reported on Thursday.

Oracle ORCL shares rose more than 10% on Feb. 9, posting its biggest daily gain since last September, after a sell-side competitor issued a more favorable rating. Despite the rally, Oracle stock was ...

Oracle has confirmed that financing for its Port Washington data center is on schedule. The Port Washington campus is part of a larger partnership with OpenAI to develop artificial intelligence.

Developer Tract acquired a massive plot of land in the distant suburbs of Chicago and plans to build the infrastructure to support a 2.9M SF, 1-gigawatt data center campus on the site. The Morris ...

Oracle Corp. predicted that a massive data center it’s developing for OpenAI in New Mexico will create more jobs than previously announced, another example of tech companies trying promote positive ...

Oracle and OpenAI have plans to build $500 billion of data centers in a venture called Stargate. JPMorgan Chase has seen slower investor interest for $38 billion of debt tied to two Stargate sites.

Riot Platforms (RIOT) was trading higher during morning trading on Friday after the bitcoin miner announced a series of transformative transactions for its data center business. Shares were +7.60% to ...

This story has been updated with more information. SALINE TWP., MI — DTE Energy Co. has accepted all the conditions that the Michigan Public Service Commission (MPSC) outlined in its conditional ...

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 ...

Oracle is partnering with Related Digital and DTE Energy, to construct Oracle’s AI data center in Saline Township, Michigan. As the future tenant, Oracle will operate the data center once it’s ...

The University of Phoenix has confirmed a major data breach affecting nearly 3.5 million people. The incident traces back to August when attackers accessed the university's network and quietly stole ...

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 ...