Oracle is defending its substantial AI partnership with OpenAI amidst reports of potential job cuts to fund infrastructure.
Oracle is looking to raise between $45 billion and $50 billion in the year 2026, in an effort to build additional capacity ...
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Oracle Layoffs: Tech giant to slash 30,000 jobs as banks pull out from financing AI data centres
Over the past few weeks, several US banks have pulled off from lending to Oracle for expanding its AI data centres, as per a ...
Oracle is executing a transformation that leverages its database core while supplying data center infrastructure. Read what ...
In yet another wave of layoffs, Oracle is reportedly planning to cut around 30,000 jobs. According to the reports, the ...
Oracle defends its USD 300B OpenAI contract and addresses reports of 30,000 layoffs as it launches a 50B funding plan to ...
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 ...
As discussions between Nvidia and OpenAI strain, Oracle has assured its partners that financing for the Port Washington data ...
Oracle's 5-year credit default swaps are tumbling after the company announced a $50 billion debt and equity financing plan.
Oracle may cut 20,000-30,000 jobs and sell Cerner as US banks pull back from AI data centre financing, reports CIO citing TD Cowen research.
Sam Altman, Jensen Huang, and Oracle push back on reports of tension over OpenAI's deal with Nvidia.
Oracle expects to raise $45 billion to $50 billion in 2026 to build additional capacity for its cloud infrastructure.
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