Investing

Banks seek new buyers for Oracle data centre loans- FT

Investing.com -- Banks are looking for new investors to purchase billions of dollars in loans connected to Oracle’s data centre construction projects, the Financial Times reported on Wednesday. At ...
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 ...
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, ...
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 ...
Mint

Oracle Layoffs: Tech giant to slash 30,000 jobs as banks pull out from financing AI data centres

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 ...
moneycontrol.com

Oracle may slash 30,000 jobs amid struggle to finance AI data centres

Did our AI summary help? Oracle is preparing for what could be one of the biggest job cuts in its history as it struggles to fund an ambitious push into artificial intelligence data centres. According ...
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 ...
Bloomberg L.P.

Oracle Boosts Data Center Job Forecast After Local Opposition

Oracle Corp. predicted that a massive data center it’s developing for OpenAI in New Mexico will create more jobs than previously announced, another example of tech companies trying promote positive ...
MLive

DTE accepts conditions of contracts to power OpenAI, Oracle data center south of Ann Arbor

This story has been updated with more information. SALINE TWP., MI — DTE Energy Co. has accepted all the conditions that the Michigan Public Service Commission (MPSC) outlined in its conditional ...
The Business Journals

Oracle partner plans AI data center in Memphis

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The 38,500-square-foot data ...
Becker's Hospital Review

Oracle Health data breach ensnares AdventHealth

Altamonte Springs, Fla.-based AdventHealth has been affected by a 2025 hack of Cerner, now known as Oracle Health. The 50-plus hospital system started notifying impacted patients in December, after ...