Oracle faces massive job cuts, potentially 20,000-30,000, to fund its costly $300 billion OpenAI partnership. The tech giant has already spent $58 billion on data centers and is struggling with rising ...
Oracle plans to raise between $45 billion and $50 billion this year as it looks to fund its huge bet on cloud computing to power artificial intelligence. About half of that will be in debt, which will ...
Oracle is considering cutting 20,000 to 30,000 jobs and selling some of its activities as US banks pull back from financing the company’s AI data-center expansion, according to investment bank TD ...
We recently published 14 Stocks Jim Cramer Talked About. Oracle Corporation (NYSE:ORCL) is one of the stocks Jim Cramer talked about. AI infrastructure giant Oracle Corporation (NYSE:ORCL)’s shares ...
Oracle has announced plans to secure between $45bn and $50bn in funding during 2026 to expand the capacity of its cloud infrastructure business. The funding will support additional infrastructure ...
Oracle's Larry Ellison believes the AI race is becoming a commodity due to shared internet data. He argues the future lies in leveraging private enterprise data, a move Oracle is heavily investing in ...
Simply sign up to the Capital markets myFT Digest -- delivered directly to your inbox. Investors piled into Oracle’s latest $25bn bond offering on Monday after the software company pledged to preserve ...
NEW YORK, Feb 2 (Reuters Breakingviews) - The cloud computing provider's $50 bln equity-heavy funding plan eases fears of debt overload. It’s costly to issue shares trading at a discount to post-capex ...
Oracle is staring down the possibility of its largest-ever workforce reduction—and at the heart of it is a $300 billion partnership with OpenAI that's proving far more expensive than anyone initially ...
Liverpool swept aside Olympique de Marseille with a 3-0 away victory to extend their unbeaten run to 13 matches in all competitions and move a step closer to direct qualification for the Champions ...
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