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, 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 ...

Feb 1 (Reuters) - Oracle (ORCL.N), opens new tab expects to raise $45 billion to $50 billion in 2026 to build additional ‌capacity for its cloud infrastructure, the software company said on Sunday.

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 ...

Oracle (ORCL) on Sunday said it expects to raise $45B to $50B in 2026 to build additional capacity for its cloud infrastructure business. Shares in the software company rebounded to gain 4% after ...

Shares of enterprise software giant Oracle (NYSE:ORCL) jumped 3% in the afternoon session after reports of easing geopolitical tensions in Greenland boosted investor sentiment. The relief rally saw ...

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 ...

(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 ...

Oracle shares fell premarket after the cloud-services giant announced plans to raise up to $50 billion this year to fund its artificial-intelligence infrastructure buildout. Shares declined more than ...

Tepper is taking gains on some of the biggest winners in his portfolio. This chipmaker has a broad portfolio across multiple segments that could all benefit from the rising use of large language ...

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 ...