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 Corp. has begun laying the groundwork needed to start construction on its new headquarters in Nashville.
Oracle Layoffs: Tech major Oracle is planning to slash up to 30,000 jobs to fund AI data centres, a new report has said. According to a report by CIO citing research published this week by investment ...
Tech major Oracle is reportedly planning to cut as many as 20,000 to 30,000 jobs globally, as the company looks to redirect resources towards building Artificial Intelligence data centres, a report by ...
According to a report by CIO, citing investment bank TD Cowen, Oracle is considering cutting between 20,000 and 30,000 jobs and may also look at selling parts of its business, including Cerner, the ...
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 ...
Oracle stock rose 2% in Monday morning trading after the company announced on Sunday plans to raise $45 billion to $50 billion in the 2026 calendar year. The data center giant said on Sunday it ...
(Bloomberg) --Oracle Corp. plans to raise $45 billion to $50 billion this year through a combination of debt and equity sales to build additional cloud infrastructure capacity, reflecting the scale of ...
A data center in Texas being built by Stargate, a partnership between OpenAI, Oracle and SoftBank.Kyle Grillot/Bloomberg News Shares in Oracle (ORCL) fell after the technology company said it plans to ...
Oracle remains “committed” to its mission of transforming healthcare, according to Seema Verma, executive vice president and general manager of Oracle Health and Life Sciences. “Whether it is helping ...
Oracle stock has fallen more than 50% from its peak as investors have become concerned about the future of AI. Microsoft reported quarterly earnings that edged out expectations, but that simply wasn't ...
Hammered by the general software selloff and AI debt concerns, shares of Oracle have shed 25% over eight trading sessions Oracle issued $25 billion of corporate bonds on Monday as part of its 2026 ...