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Oracle plans thousands of job cuts

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Overview
 · 17h
Oracle and OpenAI End Plans to Expand Flagship Data Center
Oracle Corp. and OpenAI have scrapped plans to expand a flagship artificial intelligence data center in Texas after negotiations dragged over financing and OpenAI’s changing needs.

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 · 1d · on MSN
Oracle plans thousands of job cuts as data center costs rise, Bloomberg News reports
 · 21h
Oracle’s $50-billion AI bet forces it to cut thousands of jobs
 · 18h
Oracle and OpenAI drop Texas data center expansion plan, Bloomberg News reports
Oracle and OpenAI have abandoned plans to expand a flagship artificial intelligence data center ​in Texas after negotiations dragged over financing and OpenAI's changing needs, ‌Bloomberg News reporte...

Continue reading

 · 1d
Oracle layoffs 2026: Why is Larry Ellison-led firm laying off thousands of employees and how is OpenAI linked to it?
 · 1d
Oracle Layoffs 2026: Why Larry Ellison’s US tech giant is cutting thousands of jobs again after $300 billion OpenAI bet with Sam Altman
18hon MSN

OpenAI and Oracle decide not to expand Texas data center site: report

OpenAI (OPENAI) and Oracle (ORCL) have decided not to expand their data center site in Abilene, Texas, from 1.2 GW to 2 GW, according to Bloomberg. Instead, Meta Platforms (META) is now considering stepping in to lease the planned expansion,
Shacknews
16h

Oracle and OpenAI no longer moving forward with Stargate Texas data center expansion

Oracle and OpenAI have canceled their plans to expand their Stargate data center in Abilene, Texas, according to a report. However, the companies will continue to work on their 4.5 gigawatt agreement.
Interesting Engineering on MSN
14h

Meta eyes 2 GW Texas AI data center expansion abandoned by OpenAI, Oracle

OpenAI and Oracle have stepped back from plans to expand a major artificial intelligence
Blockonomi
1h

Bloom Energy (BE) Stock Plunges 15% as Oracle-OpenAI Texas Data Center Project Gets Scrapped

Bloom Energy (BE) stock plummeted 15.5% after Oracle and OpenAI cancelled their Texas AI data center project, despite strong Q1 earnings expectations.
18hon MSN

Oracle data center project with OpenAI remains on track

CNBC's Seema Mody reports on news regarding OpenAI.
DatacenterDynamics
3d

TikTok experiences issues at US data center, but avoids full outage

This is not the first issue TikTok has experienced since the official establishment of its TikTok USDS JV, which was finalized in January of this year. Just one week after being formalized, an Oracle data center suffered a power outage.
3don MSN

TikTok down across US? Social media platform faces widespread outage after Oracle data center issue disrupts posting and access

TikTok users in the US experienced widespread service disruptions on Tuesday, with posting delays and interruptions reported. An issue at an Oracle data center was cited as the cause, marking the second major outage linked to Oracle since TikTok's US operations sale.
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