Oracle can’t stop declaring ‘All is well’ after $300 billion ‘OpenAI Shock’ says: We are too… – The Times of India

Oracle is back on social media to do damage control – again. This time the company is posting about the construction progress of its AI data centers and emphasizes that everything is “on schedule and according to plan.”“The company also said it is rolling out workforce training programs and subcontractor engagement efforts to fill “thousands of good-paying jobs” with local workers. It’s the kind of optimistic corporate update that wouldn’t raise eyebrows in normal times. But these are not normal times for Oracle.The release comes amid a brutal stock decline that has wiped out over $400 billion in market value since October. Stocks have almost…