Oracle's TikTok stake sits at just over $2 billion, filing shows

Oracle bought 15% of TikTok's U.S. operations in January after China's ByteDance was forced by U.S. law to divest.

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

March 5 (Reuters) - Enterprise software company Oracle is planning thousands of job cuts as it faces a cash crunch from a ...

Oracle plans to slash thousands of jobs as it races to build AI data centers

Oracle is building high-powered data centers around the world to meet booked business from major tech clients. The job cuts ...

Oracle Plans Thousands of Job Cuts in Face of AI Cash Crunch

Oracle Corp. is planning to ax thousands of jobs, among its moves to handle a cash crunch from a massive AI data center ...

Oracle, OpenAI end plans to expand flagship data center in Abilene

The shifting plans underscore the complexity of building out AI data centers, which are expected to cost tens of billions.
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Tech giant Oracle signs 15-year lease in Harwood

Oracle will lease the new data center being constructed in Harwood. The agreement is worth $2.15 billion and spans 15 years, with potential renewals lasting up to 25 years. Applied Digital will ...

Demolition work begins on Oracle Corp. Nashville HQ campus

Oracle Corp. has begun laying the groundwork needed to start construction on its new headquarters in Nashville.

Oracle and OpenAI drop Texas data center expansion plan, Bloomberg News reports

March 6 (Reuters) - 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, ...