2026-03-10 11:22:30

Oracle issued another statement this morning, with a tone somewhat milder than yesterday, stating that recent media reports "reflect a fundamental misunderstanding of the way AI data centers are being built," and emphasizing that its Abilene campus "is progressing as scheduled, with 200MW already in operation."

Issuing statements for two consecutive days clearly reflects the response to a series of negative news over the past two weeks:
On March 5, there were reports that Oracle would lay off thousands of employees to cope with AI.

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