Indiatimes

Oracle can't stop explaining 'all is well' after $300 billion 'OpenAI Shock', says: We are also…

Oracle is actively promoting its AI data center progress and job creation efforts amidst significant investor concerns. The company's massive $300 billion OpenAI cloud contract, signed in September ...
Yahoo Finance

Oracle Is Selling $20 Billion in Common Stock. What Does That Mean for ORCL, and Should You Buy Shares Now?

Oracle (ORCL) just made a bold move that’s sending mixed signals to investors. The software giant announced a $20 billion equity distribution agreement, effectively allowing itself the flexibility to ...
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 ...
Wall Street Journal

What Oracle Has to Lose From OpenAI and Nvidia’s Rocky Relationship

The likelihood that Nvidia NVDA-1.88%decrease; red down pointing triangle will be investing far less than $100 billion in OpenAI raises big questions for Oracle ORCL-3.35%decrease; red down pointing ...
Wall Street Journal

Oracle Stock Turns Lower After $50 Billion Funding Plan

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 ...
Mint

Oracle layoffs: Which departments will get affected? Here's what we know

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 ...
The Financial Express

Oracle planning biggest layoffs in years, to cut 30,000 jobs amid AI data-center funding crunch: Report

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 ...
Gulf News

Oracle mulls laying off up to 30,000 employees to fund AI infra: Report

Potential layoffs 'largest in Oracle’s recent history', could free up $8b to $10b Mumbai: US tech giant Oracle is planning to cut 20,000 to 30,000 jobs and sell parts of its activities to help finance ...
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 ...
Reuters

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

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.
Reuters

Oracle says data center outage causing issues faced by US TikTok users

WASHINGTON, Jan 27 (Reuters) - Oracle (ORCL.N), opens new tab on Tuesday said issues faced by U.S. users of social media app TikTok are the result of a temporary weather-related power outage at an ...