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 ...

Oracle Layoffs 2026: Oracle Considers Up To 30,000 Job Cuts As Funding Pressure Builds: Oracle is weighing deep cost-cutting measures, including tens of thousands of layoffs and potential asset sales, ...

A businessman who wanted to build a data center in New Orleans East says the deal is off after the City Council took the first step toward blocking such developments. WWL was first to report on the ...

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 ...

COLUMBIANA, Ala.—At first, no one knew about the non-disclosure agreement. Columbiana’s then-mayor, David Mitchell, had signed the secrecy agreement with DigiPowerX, a data center developer, without ...

Two companies at the center of the artificial-intelligence data center investment boom are parting ways, according to a report from the Financial Times. Oracle and alternative investments firm, Blue ...

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 ...

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 ...

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 ...

Plans for the data center next to Long’s Park at a former LSC Communications printing plant site have been submitted to the Lancaster city planning commission for approval. The proposed facility at ...

PLYMOUTH TOWNSHIP, Pa. (WPVI) -- A zoning hearing on a proposed data center ended abruptly Monday night after a legal issue forced the developer to withdraw its application, surprising township ...

Investors have grown more concerned over the run-up in tech stocks and valuations of private AI companies, stoking fears of a bubble. WSJ’s Hannah Erin Lang uses three charts to explain what’s behind ...