Oracle hires Schneider Electric's Maxson as CFO amid AI spending boom

Oracle on Monday named Hilary Maxson as its ​chief financial officer, tapping an executive with deep experience in ...

Why Oracle Is Cutting 30,000 Jobs Despite a Massive $6 Billion Quarterly Income

Oracle has not confirmed how many employees are affected. But investment bank TD Cowen estimates the cuts could total between ...
IBTimes UK

Oracle Could Axe 30,000 Jobs as AI Data Centre Costs Surge — The Biggest Tech Layoff of 2026 So Far

Oracle’s Larry Ellison told investors the company can ‘build more software in less time with fewer people’ using AI. Unsplash Oracle is reportedly planning to cut between 20,000 and 30,000 jobs to ...
Forbes

From Gigawatts To Grab-And-Go: Crusoe Leans Into Modular AI Data Centers

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 ...
24/7 Wall St

Jim Cramer: Oracle Is the King of Data Centers and Fastest Growing

Oracle (ORCL) down 22% YTD to $151.56 despite $523B in Remaining Performance Obligations up 438% and multicloud database up 817%. Nvidia (NVDA) data center revenue $62.31B up 75%, Broadcom (AVGO) AI ...
AOL

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 ...
WDBJ

Google Data Center’s expected water use made public

BOTETOURT COUNTY, Va. (WDBJ) - The Western Virginia Water Authority this week released records detailing Google’s projected water use at a planned data center in Botetourt County, following a ...
CNET

Microsoft Researchers Figure Out How to Store Data Inside Glass Using Lasers

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 ...
MLive

Traffic problems reported as OpenAI, Oracle data center construction ramps up

SALINE TWP., MI — Construction truck traffic got even heavier this week on Michigan Avenue/U.S. 12 through the Saline area with residents already reporting issues since late last year. It is due to ...
Phys.org

Launching the idea of data centers in space

Tech firms are floating the idea of building data centers in space and tapping into the sun's energy to meet out-of-this-world power demands in a fierce artificial intelligence race. Elon Musk's ...
Forbes

How Oracle AI Database 26ai Addresses The Enterprise AI Data Paradox

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. Every enterprise IT executive faces the same AI paradox: their most valuable data sits ...