Indiatimes

Oracle makes a public clarification on the deal that analysts say will be behind company laying off up to 30,000 employees: We remain highly...

Oracle is defending its substantial AI partnership with OpenAI amidst reports of potential job cuts to fund infrastructure. Despite a stalled Nvidia deal, Oracle remains confident in OpenAI's funding ...
Indiatimes

Oracle may lay off up to 30,000 employees, and one of the Big reasons is the company's 'commitment' to Sam Altman's OpenAI for…

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 ...
NDTV

Oracle Plans To Lay Off 20,000 To 30,000 Employees: Report

Oracle, a US-based multinational, is mulling over laying off around 20,000 to 30,000 employees, which is approximately 10% of its workforce, CIO reported, citing investment bank TD Cowen. The plans of ...
India TV

Oracle may lay off 30,000 employees as US banks pull back from AI data-center financing

Oracle is reportedly heading towards another round of layoffs, following the company’s decision to cut around 10,000 jobs in late 2025. According to a report by CIO, citing investment bank TD Cowen, ...
MarketWatch

Nvidia and Oracle are flashing similar warning signs about the AI trade

Nvidia and Oracle are at the center of OpenAI’s trillion-dollar web of financing, but recent developments at the two companies may be sending cautious signals about the health of the ...
MarketWatch

Oracle amps up its AI bet with a plan to raise as much as $50 billion this year

To finance its artificial-intelligence ambitions, Oracle is looking to raise more money at a time when Wall Street has gotten more worried about the level of financing underpinning the AI boom. The ...
Yahoo Finance

Oracle to Raise Up to $50 Billion in Debt and Equity This Year

(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 ...
Yahoo Finance

Oracle says it plans to raise up to $50 billion in debt and equity this year

Feb 1 (Reuters) - Oracle expects to raise $45 billion to $50 billion in 2026 to ‌build additional capacity for its cloud infrastructure, the software company said on Sunday. The ‌company, chaired by ...
Forbes

How Oracle AI Database 26ai Addresses The Enterprise AI Data Paradox

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. Every enterprise IT executive faces the same AI paradox: their most valuable data sits ...
Barron's

Oracle Stock Falls After Report on AI Data-Center Funding Talks

Two companies at the center of the artificial-intelligence data center investment boom are parting ways, according to a report from the Financial Times. Oracle and alternative investments firm, Blue ...
Hosted on MSN

Blue Owl won’t back Oracle’s $10B data center in Michigan, FT reports

Blue Owl Capital (OWL) will not proceed with backing a planned $10B, 1-gigawatt Oracle (ORCL) data center in Michigan intended to serve OpenAI after negotiations stalled amid concerns over Oracle’s ...
Reuters

Oracle denies report on OpenAI data center delays

Oracle denies delaying OpenAI data centers to 2028 due to shortages Investors worried about Oracle's debt-fueled AI infrastructure buildout Market sensitive to AI delays, scrutinizing spending payoffs ...