Oracle (ORCL) is doubling down on its New Mexico OpenAI data center by sharply raising job projections and downplaying environmental impact to blunt growing local opposition to big tech server farms

Oracle's commitment to significantly expand its New Mexico OpenAI data center suggests a strong belief in the growth potential of AI infrastructure.

Newsquawk StaffPublished 26 Jan 2026, 18:58 UTCOn the live feed at 18:38 UTC — 2 more headlines followed before this page went public

Newsquawk headlinesUTC

18:55

Tanzania expects to sign a USD 42bln mega LNG project before June with first production in eight years, while the President has instructed the central bank to sell part of its gold reserves to raise cash

18:49

White House says Trump not giving up on Ukraine peace process

18:38

Oracle (ORCL) is doubling down on its New Mexico OpenAI data center by sharply raising job projections and downplaying environmental impact to blunt growing local opposition to big tech server farms

18:17

NY Fed RRP op demand at 1.5bln (prev. 0.93bln) across 7 counterparties (prev. 5)

18:02

US sold USD 69bln of 2-yr notes; stop-through 1.4bps

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Try the platform free

Free. No signup, no card.

Context

However, by raising job projections and attempting to address environmental concerns, Oracle is likely aiming to mitigate local opposition, which could have broader implications for tech expansion in the region and influence similar strategies from peers like Microsoft.

Equities · last 90 days

Recent headlines that moved markets

EQUITIES/8 Sept · 05:24 UTC

Saudi Energy Minister says a number of energy facilities and utilities were hit; are temporarily halting some operations.

Equity indices, after we published−0.3%

Modest downside seen across equity futures as energy prices tick higher.

EQUITIES/3 Sept · 04:54 UTC

North Korea stripped references to "peaceful unification" with South Korea from the charter of its ruling Workers' Party of Korea, according to Yonhap.

Equity indices, after we published−3.3%

EQUITIES/1 Sept · 16:17 UTC

Initial reports of an American attack on Iran, reports i24's Stein.

ES, after we published−0.2%

EQUITIES/26 Aug · 12:56 UTC

States and Meta (META) and agree to settle claims that platforms harmed children, according to a court filing; Meta agrees to pay a maximum of USD 16.68bln to states as part of deal

Market, after we published+2.6%

EQUITIES/10 Sept · 20:10 UTC

Oracle (ORCL) Q1 2027 (USD): Adj. EPS 1.92 (exp. 1.73), Revenue 19.3bln (exp. 19.13bln).

Market, after we published+10.1%

EQUITIES/10 Sept · 11:52 UTC

Yemeni Houthis are on the verge of complete control over the Bab al-Mandab Strait with control over the city of "Al-Mukha", IRNA reports.

Equity indices, after we published−0.4%

Newsquawk Daily

Get both market opens in your inbox.

This note and the other one — the EU open and the US open, every business day, written by the desk. No account needed.

Related headlines

The whole workspace, free to try.

© 2026 Newsquawk. All rights reserved.