Oracle and OpenAI abandon Texas data center expansion, opening doors for Meta to explore leasing the site from Crusoe.

Oracle and OpenAI have reportedly cancelled their plans to expand a major artificial intelligence data centre in Texas due to ...

Oracle and OpenAI have abandoned plans to expand their flagship AI data centre in Abilene, Texas—a key site under the much-publicised Stargate initiat.

Oracle (NYSE:ORCL) has had a brutal run since its moment in the AI spotlight. But Jefferies analyst Brent Thill isn’t running ...

Oracle is reportedly planning thousands of layoffs as it pours billions into AI data centers, raising investor concerns over ...

Oracle plans significant job cuts affecting thousands of employees as it embarks on a costly data center expansion to support ...

[SAN FRANCISCO] Oracle and OpenAI have scrapped plans to expand a flagship artificial intelligence (AI) data centre in Texas after negotiations dragged on over financing and OpenAI’s changing needs.

In September, the companies had announced plans for ​an additional potential expansion of 600 megawatts near the flagship Stargate site in Abilene, Texas. The collapsed talks between Oracle and OpenAI ...

Oracle plans to cut thousands of jobs across multiple divisions as it works to manage costs tied to its AI data center ...

Construction continues at the sprawling 1,000-acre Stargate site in Texas, even as OpenAI and Oracle drop plans to expand the ...

We consider Oracle’s ORCL quarterly release on Tuesday (March 10th) and Adobe's ADBE on Thursday (March 12th) among the early reports of the 2026 Q1 earnings season. Both of these companies will be ...