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 ...
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 ...
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 ...
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 ...
The Motley Fool

Is Oracle Stock a Buy Now?

Rising debts and questions surrounding its deal with OpenAI have led to investor concerns about the stock. Investors should not lose sight of its improving financials and increasingly attractive ...
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.
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 ...
MarketWatch

Oracle’s stock suffers worst eight-day stretch in over two decades. Here’s why.

As the technology selloff deepens, Oracle’s stock has been hit by a double whammy of generalized software concerns and jitters around the company’s own artificial-intelligence spending. Back To Top ...
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 ...
Business Today

Oracle likely to cut about 30,000 jobs to finance data centre buildout

Oracle may take drastic cost-cutting steps to improve its cash flow stress. In the cost-cutting move, the software giant may reduce its workforce by 20,000 to 30,000 for AI data-centre expansion. The ...
International Financing Review

Oracle raises US$25bn in bond offering as AI funding spree continues

Oracle stepped back into the US high-grade market on February 2 to raise US$25bn as part of a larger US$50bn debt and equity financing as the enterprise software company sought to hold on to its ...
Barron's

Oracle Corp.

Oracle Corp. engages in the provision of products and services that address aspects of corporate information technology environments, including applications and infrastructure technologies. It ...