Oracle’s 21,000 layoffs help drive its debt-fueled AI investments

The growing use of AI contributed to Oracle laying off 21,000 workers in a year, according to a Securities and Exchange ...
The Business Journals

Oracle reports record revenue and profit — and $24 billion of negative cash flow from the AI race

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Oracle Corp. released its 2025 ...
Yahoo Finance

Oracle Reshapes AI Data Centers With Clean Power And Arm Shift

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MLive

OpenAI, Oracle leaders praise data center south of Ann Arbor, pledge $10M to local center

SALINE TWP., MI — High-profile leaders of Big Tech firms behind the massive and controversial 2.2-million-square-foot hyperscale data center under construction in Saline Township gathered at the site ...
WXYZ

Oracle, OpenAI 'Barn' data center breaks ground in Saline Township, additional community investments announced

SALINE TWP., Mich. (WXYZ) — Michigan's largest-ever investment — a $16 billion data center campus — held its groundbreaking Monday in Saline Township, drawing ...
Engineering News-Record

Oracle's $16B Michigan Data Center Secures Financing as Power Contracts Face Appeals

A rendering of Related Digital's proposed data center campus in Saline Township, Mich., near Ann Arbor, shows three single-story compute buildings totaling more than 1.6 million sq ft. The $16B ...
Reuters

Related Digital secures financing for $16 billion Oracle data center in Michigan

April 24 (Reuters) - Data center developer Related Digital said on Friday it has secured financing for a $16 billion data ‌center campus it is building in Michigan for Oracle (ORCL.N), opens new tab.
Wall Street Journal

Oracle’s Deluge of AI Debt Pushes Wall Street to the Limit

Oracle’s ORCL0.02%increase; up pointing triangle $300 billion megadeal with OpenAI is testing the limits of Wall Street’s appetite for debt tied to America’s data-center boom. Banks including JPMorgan ...
Business Insider

A Texas developer got a $2 billion loan to build Oracle data centers in the 'burbs

You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Texas has become a hot spot for jumbo-sized data centers in far-flung locations that provide the heavy ...
Bloomberg L.P.

Oracle Agrees to Buy Power From Bloom for AI Data Centers

Oracle Corp. agreed to purchase as much as 2.8 gigawatts of fuel-cell power from Bloom Energy Corp. to supply data centers for artificial intelligence work. An initial 1.2 gigawatts of capacity has ...
The Motley Fool

Oracle Stock Hasn't Been This Cheap in 3 Years -- But Is It a Buy Right Now?

Most AI development happens in large, centralized data centers, which are fitted with thousands of specialized chips called graphics processing units (GPUs). Most businesses don't have billions of ...