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 ...

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 ...

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 is considering cutting 20,000 to 30,000 jobs and selling some of its activities as US banks pull back from financing the company’s AI data-center expansion, according to investment bank TD ...

Shares of enterprise software giant Oracle (NYSE:ORCL) jumped 3.4% in the afternoon session after the deal for a stake in TikTok's U.S. operations was officially confirmed. The confirmation came from ...

When Mitsubishi made your first cellphone, you know you’ve been around a while. Steve has carried the latest and greatest around in his pocket for nearly 30 years, with everything from Motorola ...

Oracle Corp (NYSE:ORCL) just spurred another tech selloff, despite the company denying a Financial Times report that Blue Owl Capital's plans to finance its $10 billion Michigan data center fell ...

Oracle has plowed more than $20 billion into capital expenditure in the first half of its financial year, as the tech company rushes to build out data centers for artificial intelligence. Oracle said ...

What To Know: Deutsche Bank analyst Brad Zelnick reiterated his Buy rating on Oracle with a $375 price target on Wednesday. According to multiple reports, the analyst noted that if OpenAI‑related ...

Oracle ORCL2.34%increase; green up pointing triangle has never given up gains this big, this fast. Investors nervous about the scale of capital that technology companies are plowing into ...