OpenAI is walking away from expanding its Stargate data center with Oracle(cnbc.com)

375 points by spenvo 8 months ago | 220 comments

CNBC article reporting that OpenAI is walking away from expanding its Stargate data center with Oracle, and examining Oracle's debt-funded AI buildout.

Tesla and SpaceX lose over $420B in combined market cap in the two days(techlaws.pages.dev)

62 points by Pepitobombito 7 days ago | 24 comments

CNBC article reporting Tesla and SpaceX lost over $420 billion in combined market value after Democrats won the 2026 midterms, raising regulatory concerns.

AI chipmaker Cerebras files for IPO(cnbc.com)

201 points by TradingPlaces 2 years ago | 112 comments

OpenAI resets spending expectations, from $1.4T to $600B(cnbc.com)

149 points by randycupertino 8 months ago | 126 comments

Oracle may slash up to 30k jobs to fund AI data-centers as US banks retreat(cio.com)

129 points by ljoshua 8 months ago | 127 comments

Nvidia backs AI data center startup Nscale as it hits $14.6B valuation(cnbc.com)

37 points by voxadam 8 months ago | 37 comments

Oracle cites 'force majeure' to shield itself on controversial data center(bloomberg.com)

104 points by simonpure 1 month ago | 92 comments

Bloomberg article reporting that Oracle invoked a force majeure clause to shield itself over a controversial AI data center project.

Oracle bans AI-generated code from OpenJDK(app.dealroom.co)

494 points by delduca 3 months ago | 356 comments

Dealroom news feed item reporting that Oracle has banned AI-generated code contributions to OpenJDK, contrasting with Larry Ellison's claims about Oracle's internal AI use.

Microsoft is winding down Oracle deal to rent AI cloud capacity(reuters.com)

57 points by brazukadev 7 days ago | 12 comments

Reuters report that Microsoft is winding down a deal to rent AI cloud computing capacity from Oracle, citing Bloomberg News; the page showed a device verification screen.

Oracle slashes 30k jobs(rollingout.com)

791 points by pje 7 months ago | 688 comments

Rolling Out article reporting that Oracle laid off about 30,000 workers in the U.S., India and elsewhere via an early-morning email without prior warning.

Oracle on the hook to pay data centre investors even if site has no electricity(ft.com)

127 points by Betelbuddy 1 month ago | 107 comments

Financial Times article on Oracle being obligated to pay data centre investors even if a site lacks electricity; the capture shows a Cloudflare security check with a 403 error.

Oracle Files H-1B Visa Petitions Amid Mass Layoffs(nationaltoday.com)

476 points by kklisura 7 months ago | 257 comments

Austin Today news article reporting that Oracle filed over 3,000 H-1B visa petitions while conducting mass layoffs, citing federal data.