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 ...
Wall Street Journal

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

The likelihood that Nvidia NVDA2.33%increase; green up pointing triangle will be investing far less than $100 billion in OpenAI raises big questions for Oracle ORCL 2.48%increase; green up pointing ...
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 ...
Seeking Alpha

Oracle plans massive $50B debt-and-equity raise; shares up

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 ...
Reuters

Oracle shares gain as $50 billion raise eases data-center funding fears

Feb 2 (Reuters) - Oracle (ORCL.N), opens new tab shares gained 2% on Monday after Wall Street analysts said the software company's $50 billion fundraising plan allays worries over its ability to ...
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 ...
The Financial Times

Oracle raises $25bn in bond offering despite concerns over rising debt

Simply sign up to the Capital markets myFT Digest -- delivered directly to your inbox. Investors piled into Oracle’s latest $25bn bond offering on Monday after the software company pledged to preserve ...
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 ...
Yahoo Finance

Oracle’s TikTok US Stake Reframes Cloud, AI And Security Story

Get insights on thousands of stocks from the global community of over 7 million individual investors at Simply Wall St. Oracle, ticker NYSE:ORCL, has secured a significant stake in a new U.S. based ...
Wired

TikTok Data Center Outage Triggers Trust Crisis for New US Owners

The technical failure coincided with TikTok’s ownership transition, leading users to question whether videos criticizing ICE raids in Minnesota were being intentionally censored. TikTok is currently ...
moneycontrol.com

Oracle’s debt ‘unlikely’ to trigger cut to junk grade, UBS says

Oracle has about $95 billion of debt outstanding, making it the biggest corporate issuer outside the financial sector in the Bloomberg high-grade index. Oracle expected to maintain investment-grade ...