OpenAI Teams Up With Oracle and SoftBank to Build 5 New Stargate Data Centers

The new sites will boost Stargate’s planned capacity to nearly 7 gigawatts—about equal to the output of seven large nuclear ...

OpenAI, Oracle, and SoftBank Announce 5 New Stargate Data Centers

ChatGPT parent OpenAI, cloud giant Oracle, and investment firm SoftBank are opening five new data centers across the country, ...

Oracle is getting two new CEOs. Why that’s good news for the stock.

With Safra Catz staying involved at Oracle in the role of executive vice chair, investors can expect “a smooth transition” as ...

OpenAI, Oracle reveal first Stargate data center in Texas: report

Stargate, a massive $500B joint venture between Microsoft-backed (MSFT) OpenAI, Oracle (ORCL) and SoftBank Group (SFTBY)(SFTBF), revealed the inner workings of its first large-scale data center, ...

Oracle names Magouyrk and Sicilia as CEOs; Catz to become executive vice chair of the board

Oracle has named Clay Magouyrk and Mike Sicilia as CEOs, with current CEO Safra Catz becoming executive vice chair of the ...
Observer

Oracle Appoints Co-CEOs to Replace Longtime Leader Safra Catz

They are both proven leaders, and I am looking forward to spending the coming years working side-by-side with them.” While co-CEOs remain unusual in Silicon Valley, this isn’t the first time Oracle ...
Yahoo Finance

Oracle Corporation (ORCL) Benefited From Strong Cloud Operations

First Eagle Investments, an investment management company, released its “First Eagle Global Fund” second-quarter 2025 investor letter. A copy of the letter can be downloaded here. Class A shares of ...
KMBC Kansas City

Sources: Oracle layoffs hit Kansas City on Tuesday

AS THAT STORM GETS CLOSER. NOW TO OUR BREAKING NEWS FROM ONE OF KANSAS CITY’S TOP EMPLOYERS. ORACLE IS LAYING OFF MORE PEOPLE. KMBC NINE INVESTIGATES HAS CONFIRMED MULTIPLE LAYOFFS AT ORACLE TODAY, ...

Oracle Moved Up Leadership Succession Plans After Stock Rally

Oracle Corp. accelerated its succession plans for top leadership in recent months following a massive acceleration in its ...
MyNorthwest.com

Oracle to lay off more Seattle employees in second round of cuts in 2 months

Oracle has announced it will lay off 101 Seattle employees, according to a Worker Adjustment and Retraining Notification (WARN) filing. The tech giant, headquartered in Austin, Texas, scheduled its ...
Healthcare IT News

Oracle initiates new workforce reductions in Kansas City

An unspecified number of Oracle employees reportedly received layoff letters on Sept. 2, including many who came to the company with its 2021 acquisition of Cerner. A number of Oracle employees based ...
The Financial Express

‘Just got laid off from Oracle – not looking for a referral’, employee says he’s afraid of ‘shaky IT industry’

Tech giant Oracle recently laid off thousands of workers. A laid off Oracle employee expressed their concerns about the tech industry’s future in an emotional post on the professional platform ...