Investors have grown worried about how it would fund the data center expansion needed to serve customers including OpenAI, Elon Musk's xAI and Meta.

Oracle is planning to cut thousands of employees as soon as this month, according to a Bloomberg report, which said the cuts will be “wider-reaching” than the firm’s typical rolling reductions. Some ...

Enterprise software company Oracle is planning thousands of job cuts as it faces a cash crunch from a massive ​AI data center ...

Oracle (ORCL) will report fiscal third-quarter results on March 10 and its outlook on its Oracle Cloud Infrastructure unit is likely to be of utmost importance for investors, investment firm Evercore ...

Oracle has confirmed that financing for its Port Washington data center is on schedule. The Port Washington campus is part of a larger partnership with OpenAI to develop artificial intelligence.

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 ...

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 ...

Tech company Oracle (ORCL) said on Sunday that it planned to raise $45bn (£32.8bn) to $50bn in 2026 to fund the expansion of its cloud infrastructure business. The company said that it planned to ...

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 ...

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 ...

Oracle and OpenAI have plans to build $500 billion of data centers in a venture called Stargate. JPMorgan Chase has seen slower investor interest for $38 billion of debt tied to two Stargate sites.