Oracle $ORCL issues a force majeure notice on its massive 2.45 GW Project Jupiter data center, sending project debt below 90 cents on the dollar! KEY ... Show more
Story Details
| Last Updated | |
| Total Articles | 1 |
Main Topics
Bloom Energy is the company that develops, builds, and installs Bloom Energy Servers.
Similar to This
Previous
Paid articlePaywall Oracle could face $7bn collateral bill for Wisconsin data centre: Increased power costs add to challenges facing tech giant’s AI ambition amid high spending and ...
ft.com/content/b37030b6-bda8-4ba9-8e08-e6b88687b8f5
Oracle's credit downgrade could be early warning of pain for stocks: While Oracle's downgrade went under the radar for stock investors, one firm argues that ...
businessinsider.com/stock-market-orcl-ai-oracle-credit-downgrade-bond-market-warning-2026-7
Oracle Cut 21,000 Jobs In 12 Months, Says AI Replaced Some Roles: Oracle is under financial pressure because of an expensive build-out of AI data centers for ...
deccanchronicle.com/technology/in-other-news/oracle-cut-21000-jobs-in-12-months-says-ai-replaced-some-roles-1965888
Ellison’s Net Worth Down Nearly $50 Billion In A Week: The Oracle co-founder was recently ranked the world’s second-richest person.
forbes.com/sites/tylerroush/2026/06/09/larry-ellisons-net-worth-plunges-10-billion-falls-behind-bezos-to-fifth-richest/
dlvr.it Apr 29
Oracle plans to power its New Mexico mega datacenter with a 2.45GW fuel cell farm
theregister.com/2026/04/28/oracle_new_mexico_power_fuel_cell_farm/
Paid articlePaywall AI is the new Oracle of Delphi. That’s bad news: Societies urgently need to confront the ethics of prediction, writes Carissa Véliz
economist.com/by-invitation/2026/04/21/ai-is-the-new-oracle-of-delphi-thats-bad-news
)
Will Indian employees laid off by Oracle receive a severance package?: Oracle’s massive layoffs across the world have hit 12,000 employees in India ...
firstpost.com/explainers/will-indian-employees-laid-off-by-oracle-receive-a-severance-package-13995534.html
Big Tech companies to meet Trump at White House to sign pledge on data center power costs
cnbc.com/2026/02/25/trump-tech-ai-data-center-electricity-price-pledge.html
Oracle earnings revive fears that tech giants are spending too much on AI: AI spending is front and center again for investors. Oracle plunged Thursday ...
businessinsider.com/oracle-earnings-ai-stocks-capex-overspending-orcl-nvda-avgo-2025-12
Key FactsOracle’s Earnings Spark AI Spending Concerns
Dec 11, 2025 · Reading time: ~45 sec.
Summary created with AI assistance · Source: businessinsider.com
Summary created with AI assistance · Source: businessinsider.com
- Oracle reported $16.06 billion in revenue, falling short of analyst expectations and triggering a 14% stock decline.
- The company plans to increase its capital expenditures by approximately $15 billion next year.
- Disappointing results from Oracle pressured AI-related stocks and negatively impacted market sentiment.
- Experts warn that aggressive AI investments may delay returns and heighten investor skepticism.
Oracle faces its own mounting scrutiny over a debt-fueled data center build-out and concentration risk amid questions over the outcome of AI spending uncertainty.— Jacob Bourne, analyst at Emarketer, discussing concerns regarding Oracle's AI spending.
Birmingham faces IT catastrophe as Oracle project costs balloon from £20m to £170m
techspot.com/news/109650-birmingham-faces-catastrophe-oracle-project-costs-balloon-20m.html
OpenAI, Oracle, SoftBank plan five new AI data centers for $500 billion Stargate project
reuters.com/business/media-telecom/openai-oracle-softbank-plan-five-new-ai-data-centers-500-billion-stargate-2025-09-23/
Critics Warn the TikTok Deal Swaps Chinese Surveillance for U.S. Surveillance: The TikTok deal is being hailed as a win for national security. But experts fear ...
time.com/7319281/tiktok-trump-surveillance-china/
TikTok’s algorithm will be overseen by Oracle in the US after the sale is completed
cnn.com/2025/09/22/tech/tiktok-sale-oracle-algorithm
Inside the wild life of Larry Ellison, who briefly dethroned Elon Musk as the world's richest man this week
nypost.com/2025/09/13/us-news/inside-the-wild-life-of-larry-ellison-who-briefly-dethroned-elon-musk-as-the-worlds-richest-man-this-week/
Key FactsLarry Ellison Briefly Tops Global Wealth Rankings
Sep 11, 2025 · Reading time: ~30 sec.
Summary created with AI assistance · Source: cnn.com
Summary created with AI assistance · Source: cnn.com
- Larry Ellison momentarily became the richest person worldwide after his net worth increased by $88 billion in a single day.
- He holds the largest individual share in Oracle, whose stock saw its biggest daily gain since 1992.
- Oracle’s growth is driven by AI customer demand and newly signed multibillion-dollar contracts this quarter.
- Ellison also invests in sailing, politics, and philanthropy, donating millions to causes including cancer research and conservative campaigns.
Musk, Ellison, Zuck worth $1 trillion, rival Buffett's Berkshire value: Elon Musk, Larry Ellison, and Marc Zuckerberg have grown much richer thanks to huge AI ...
businessinsider.com/musk-ellison-zuck-buffett-berkshire-stock-tech-ai-trillion-wealth-2025-9
AI in Wyoming may soon use more electricity than state’s human residents: Proposed data center would demand 5x Wyoming’s current power use at full deployment.
arstechnica.com/information-technology/2025/07/ai-in-wyoming-may-soon-use-more-electricity-than-states-human-residents/
OpenAI, Oracle deepen AI data center push with 4.5 gigawatt Stargate expansion: OpenAI and Oracle will develop another 4.5 gigawatts of data center capacity ...
reuters.com/business/openai-oracle-deepen-ai-data-center-push-with-45-gigawatt-stargate-expansion-2025-07-22/
OpenAI partners with Oracle to built out 4.5 gigawatts in data center capacity: OpenAI and Oracle have announced they are partnering to build 4 ...
engadget.com/ai/openai-partners-with-oracle-to-built-out-45-gigawatts-in-data-center-capacity-143423570.html
Paid articlePaywall Larry Ellison: Who Is He, How Did He Become World’s Second-Richest Person: Larry Ellison dropped out of college before co-founding what eventually grew into one ...
bloomberg.com/news/articles/2025-07-16/who-is-larry-ellison-and-how-did-he-amass-a-251-billion-fortune
dlvr.it Jul 15 25
Nearly 3 out of 4 Oracle Java users say they've been audited in the past 3 years: : Big Red’s changes to Java licensing also inspire exodus to open source
theregister.com/2025/07/15/oracle_java_users_audited/
Next