The Energy & Sustainability Supplement
A sustainable future for data centers
News - The Cloud & Hybrid Channel, Oracle
The latest news from the AI, data center, telco, chip, and cloud sector
The Energy & Sustainability Supplement
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Tencent signs on for 100,000 GPUs via Oracle - report
Will give Chinese cloud provider access to GPUs not allowed in the Middle Kingdom
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Oracle upscales layoffs, expected to increase restructuring costs by $700m
While chairman Larry Ellison ditches plans for stock sale
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Oracle delivered 300,000 GPUs in Q1 FY2027
Executives also tease "new agentic AI accelerator"
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Oracle partners with Quantinuum to deploy Helios quantum computer on OCI
Oracle will preview its OCI quantum system in the coming months
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UK Treasury designates big four US hyperscalers as "Critical Third Parties"
Will bring Google, Amazon Web Services, Microsoft, and Oracle under direct regulatory oversight
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Oracle cut workforce by 21,000 employees in FY2026
Revealed in annual report
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Oracle denies $3bn Microsoft data center deal collapsed over security and compliance concerns
The two were previously in discussion for a lease deal
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Oracle Cloud Infrastructure revenue up 93% as firm's capex keeps climbing
Company expects spending of up to $95bn for FY2027
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Oracle Database@AWS now offered in 20 global regions
Oracle and AWS add eight more locations to multi-cloud offering
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Synergy Research: Cloud spending hits $129bn in Q1 2026, ninth consecutive quarter of growth
Highest growth rate since Q4 2021
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Nscale pinches Oracle data center lead Sam Huckaby to head AI infrastructure build out
Huckaby will lead the neocloud's European and North America expansion
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Oracle secures necessary funding for Michigan data center
Pimco officially signs on to buy $10bn in bonds
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Oracle launches cloud region in Casablanca, Morocco
N+One Datacenters serves as hosting partner
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Pimco in talks to provide $14bn in debt financing for Oracle's Michigan data center - report
Follows reports that data center investor Related Digital was nearing financing for the project
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Iran attack hits an Oracle data center in Dubai, causes limited damage
Dubai Media Office initially calls claims "fake news," later confirms shrapnel impact
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Related Digital closes in on $16bn financing for Oracle data center in Michigan - report
Likely for Oracle’s Stargate development in Saline Township, Michigan
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Oracle expands AI infrastructure offering in US gov't clouds
Also works on Defense Industrial Base Isolated Cloud Environment
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Iran makes further threats against Big Tech in the Middle East
Says it is in response to US attempts to kill Iranian leadership
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Oracle begins laying off thousands of workers to fuel AI data center spend
Layoffs began yesterday
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Microsoft agrees to lease 700MW at Crusoe's data center in Abilene, Texas - report
Talks conclude: Microsoft gets the gig
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Oracle reveals Hosted Dedicated Region offering
Also adds new UK regions for Oracle Database@AWS
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Microsoft and Meta commit to $50bn in additional data center leases in most recent quarter
Brings overall future leases for hyperscalers to more than $700bn
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Microsoft in talks for the Crusoe Abilene capacity OpenAI's Stargate skipped - report
Could lease hundreds of megawatts of capacity
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Oracle stood up 400MW of data center capacity in latest quarter, has secured 10GW of power for the next three years
Finishes the quarter with a remaining performance obligation of $553 billion
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Cadillac F1 team selects Core Scientific as data center partner
Oracle Red Bull Racing extends ongoing partnership with Big Red
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Oracle plans to again cut thousands of jobs to free up AI data center cash flow
To feed OpenAI buildout, company will slash staff
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TikTok experiences issues at US data center, but avoids full outage
After major power outage earlier this year
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Centers for Medicare and Medicaid select Oracle Cloud for modernization efforts
US-based healthcare services will migrate to Oracle's cloud platform