Trump is talking with Senate's Thune about bill to cut data-center electricity costsEarlier this week, the Republican-majority House of Representatives voted 417 to 3 in favor of the Ratepayer Protection Act, which would re...
19 Sep, 2026, 08.14 AM IST
Oracle's $18 billion data center debt under pressure, FT reportsThe development comes amid concerns that growing local opposition to the project over fears it would impact water supply and air quality co...
19 Sep, 2026, 08.03 AM IST
Virginia tightens data center restrictions amid political backlashVirginia, which has the largest concentration of data centers in the world, unveiled plans that include banning non-disclosure agreements a...
18 Sep, 2026, 11.35 PM IST
SoftBank adds $21 billion to AI firepower in new debt dealsThe Japanese conglomerate increased its margin loan backed by shares of its chip unit Arm Holdings Plc by $5 billion to $25 billion, people...
18 Sep, 2026, 05.41 PM IST
In Silicon Valley, AI data center boom meets local resistanceIn Silicon Valley's biggest city, residents and environmental groups are organizing against a wave of proposed data center projects that of...
17 Sep, 2026, 04.44 PM IST
One AI issue unites Republicans and Democrats: Data centre limitsAmericans increasingly worry about artificial intelligence's environmental effects. Many citizens are concerned about data centers' local e...
17 Sep, 2026, 11.37 AM IST
Oracle layoffs: What severance will you get if laid off? A look at payouts based on your years at the companyOracle layoffs 2026 : Oracle has begun another round of job cuts affecting numerous employees across its divisions. Affected workers discov...
15 Sep, 2026, 03.16 PM IST
Oracle layoffs: Long-serving employees along with strong performance ratings are also among those affected; India layoffs may followOracle has reportedly begun a new wave of layoffs impacting staff throughout the United States. Those affected were shocked to find their j...
14 Sep, 2026, 11.36 PM IST
Oracle begins new round of layoffs: Logins stopped by 4 a.m., Slack disconnected by 5:30 a.m., then came the dreaded ‘6 a.m. email’; more job cuts likely in IndiaOn September 14, Oracle commenced yet another wave of considerable layoffs, revealing a stringent approach to workforce management. Notific...
14 Sep, 2026, 10.21 PM IST
Larry Ellison cancels plan to sell Oracle stock worth up to $7.5 billionLarry Ellison has scrapped his strategy to unload up to fifty million shares of Oracle. No shares have been sold under this plan, and there...
13 Sep, 2026, 09.39 AM IST
Oracle to spend $700 million more on restructuring costs as it ramps up AI spendingIn a bid to enhance its AI capabilities, Oracle has decided to raise restructuring costs by $700 million, making the total amount for its f...
12 Sep, 2026, 06.50 AM IST
US stocks today: US stocks end higher as strong inflation data cements rate-hike betsUS stocks ended higher on Friday as accelerating consumer prices strengthened expectations of a Federal Reserve rate hike next week. The Do...
12 Sep, 2026, 01.44 AM IST
Oracle rises as AI-fueled backlog growth deflects spending worriesOracle shares rose 3% in early trading after a $26 billion increase in its revenue backlog eased concerns over its debt-funded AI spending....
11 Sep, 2026, 07.36 PM IST
Oracle shares rise as AI cloud backlog beats estimatesOracle shares rose significantly after reporting strong quarterly results. The company secured over thirty billion dollars in new AI cloud ...
11 Sep, 2026, 03.12 PM IST
UAE revises AI data center plan after Iranian attacks, sources sayIn light of recent attacks linked to Iran, the UAE is re-evaluating its extensive AI data center project. Officials are contemplating distr...
11 Sep, 2026, 02.59 PM IST
Oracle tops estimates as AI demand tempers cash-burn fearsShares of the company, which have slumped more than 21% this year, rose 4% in extended trading after Oracle reported a jump in revenue back...
11 Sep, 2026, 08.33 AM IST
AI startup Crusoe valued at $30 billion after new fundingSeparately, the startup has signed a five-year cloud contract with trading firm Jane Street Group valued at around $13 billion, Bloomberg ...
04 Sep, 2026, 09.40 AM IST