OpenAI's head of data centers, Chris Malone, left the company last week after being demoted in a reorganization, marking the second leadership change in the data center arm in 18 months. The departure…
A growing number of Americans oppose data centers due to environmental, cost, and job concerns, but some pro-AI figures, including venture capitalist Garry Tan, claim China is orchestrating a psyop to…
Meta Platforms faces a federal trial in Oakland before Judge Yvonne Gonzalez Rogers over claims it addicted young users to Instagram and Facebook, with 29 state attorneys general seeking up to $1.4 tr…
Oracle Corp.'s aggressive AI infrastructure spending has triggered a historic stock collapse, with shares falling more than 55% from their September 2025 peak and erasing roughly $494 billion in marke…
Oracle Corp. co-founder Larry Ellison's fortune dropped by about $125 billion from its June 2026 peak after Oracle shares fell, ranking him eighth-richest in the world, as the company's AI infrastruct…
Larry Ellison, co-founder and chairman of Oracle, fell from the world's second-richest person to No. 8 in two months, with his net worth dropping $104 billion to $192.6 billion, according to Forbes. O…
Oracle Corp. is planning another round of job cuts as it seeks to control payroll costs while investing billions in AI infrastructure, with managers asked to identify employees for potential cuts and …
Oracle Corp. is planning another round of layoffs, with some teams facing double-digit percentage cuts, as the company continues to invest heavily in AI infrastructure, according to Business Insider. …
Oracle has drawn up plans for a new round of layoffs that could reach double-digit percentages on some teams, with the goal of reducing payroll by Sept. 1, according to people familiar with the plans …
Oracle has instructed contributors to OpenJDK, the open-source Java project it stewards, not to submit code or other content generated by AI, citing risks to review workloads, safety, security, and in…
A New York Times investigation into Oracle Corp. founder Larry Ellison's artificial intelligence strategy reveals that his $100 billion AI infrastructure bet, including a massive data center in Texas,…
Oracle Corp. co-founder Larry Ellison, who became the world's richest man on September 10, 2025, with a net worth of $393 billion after Oracle's stock surged 43% on a $300 billion AI cloud computing c…
Oracle co-founder Larry Ellison has borrowed over $100 billion in debt financing within the first two months of 2026, including $50 billion in bonds in February, to fund Project Stargate, a plan to in…
Oracle Corp.'s credit rating was cut to BBB- by S&P Global Ratings on July 9, 2026, and its stock has fallen more than 60% from its September 2025 high, as investors question whether the company's mas…
Oracle Corp. reported $638 billion in remaining performance obligations for fiscal 2026, but S&P Global Ratings estimates OpenAI represents roughly half of that backlog, with a reported $300 billion c…
Oracle Corp. founder Larry Ellison is making an all-in bet on AI infrastructure, spending at hyperscaler levels to build GPU-packed data centers he calls 'AI factories,' a strategy that could either s…
Oracle co-founder Larry Ellison has made a substantial investment in artificial intelligence, positioning the company as a leader in AI infrastructure and enterprise software through initiatives like …
AI-driven search summaries and shopping agents are eroding digital revenue by reducing clicks and ad impressions, with publishers and e-commerce sites hit first, according to an analysis. The author a…
Goldman Sachs strategist Amanda Lynam estimates that $489 billion in AI-related debt has been issued in 2026, already surpassing the $322 billion issued in all of 2025, with Amazon, Alphabet, Oracle, …
Oracle's massive $300 billion cloud compute contract with OpenAI has driven its credit rating to the brink of junk status, with S&P Global downgrading it to BBB/A-2 and warning that OpenAI's financial…