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International Business Times UK
International Business Times UK
Jim Manzon

Oracle Strikes 2.8-Gigawatt AI Energy Deal to Power Data Centres After Firing 30,000 Workers Via 6 AM Email

Oracle Bloom Energy Bloom LinkedIn OpenAI TD Cowen
Oracle reports record profits and future revenue, but has taken on $58 billion in debt amid financing challenges for its data centre expansion. (Credit: Oracle Official Website)

Oracle has secured a deal to purchase up to 2.8 gigawatts of fuel-cell power from Bloom Energy to run artificial intelligence data centres, just two weeks after firing up to 30,000 workers via early morning email to fund the very infrastructure now being powered.

The enterprise software company announced on Monday that an initial 1.2 gigawatts of capacity has already been contracted, with deployment underway across Oracle projects in the United States and continuing into 2027.

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