Oracle cuts thousands of jobs as investor concerns grow over its $500 billion AI data center push, raising questions about ...
Oracle has ratcheted up its capital expenditures as it builds data center infrastructure that can handle AI workloads.
John Steinbach was shocked to receive a $281 electricity bill in January 2026—a huge spike from the roughly $100 he’d paid the previous month. “It’s just so far beyond any bill that I’ve ever had,” he ...
In 2024, Crusoe went from harnessing oilfield flare gas to mine bitcoin to going all in on the first phase an AI data center so big it needed a codename that sounded like an inside joke: Project ...
Oracle blows investors away with 22% ‘hyper growth’—but cash flow crunches to negative $24.7 billion
Oracle called the third quarter of fiscal 2026 its best in 15 years with revenue up 22% to $17.2 billion and cloud infrastructure up 84% to $4.9 billion. The market rejoiced, sending the stock up ...
Last week saw Oracle (ORCL) shares gain while rival neoclouds CoreWeave (CRWV) and Applied Digital (APLD) lost ground. Expect shares to be under pressure on Monday, as the broader market looks poised ...
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. The collapsed talks ...
March 5 (Reuters) - 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 ...
COLUMBUS, Ohio (WCMH) – The Ohio Environmental Protection Agency released a draft for a new permit that would allow data centers across the state to release untreated wastewater and stormwater ...
Most of the world's information is stored digitally right now. Every year, we generate more data than we did the year before. Now, with AI in the picture, a technology that relies on a whole lot of ...
Shares of Caterpillar, the maker of mining and construction machinery, are up more than 30% since year-end, making it the biggest contributor to the Dow Jones Industrial Average. WSJ’s Jonathan Weil ...
Starlink says it may also share personal data with partners to help it "develop AI-enabled tools that improve your customer experience.” Joe Supan is a senior writer for CNET covering home technology, ...
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