Oracle (NYSE:ORCL) is reportedly planning to raise about US$45b to US$50b in debt and equity to fund large scale AI and cloud ...
Oracle may take drastic cost-cutting steps to improve cash flow stress, according to CIO, citing TD Cowen’s assessment. In ...
In yet another wave of layoffs, Oracle is reportedly planning to cut around 30,000 jobs. According to the reports, the ...
Oracle is planning to raise $50 billion through a combination of debt and equity in 2026, to fund the expansion of its cloud infrastructure for major AI clients.
Oracle reportedly plans to cut 20,000 to 30,000 jobs globally to focus on AI data centres. Here's who gets impacted by the ...
As US banks retreat from AI data-centre financing, Oracle is considering cutting up to 30,000 jobs and selling Cerner to ease mounting financial pressure, TD Cowen says.
Oracle is reportedly planning layoffs of up to 30,000 employees as it faces funding pressure to expand AI data centres, with ...
Overview Oracle shares fell nearly 1% as reports of large job cuts worried investors.Funding stress around AI data centres raised doubts over Oracle’s expansion ...
Oracle is raising these funds to satisfy rising demand from its premier cloud clients, which include major entities such as ...