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 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 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 ...
Oracle is a managing investor of a new joint venture that will run TikTok’s U.S. operations. Investors should focus on Oracle’s cash flow and balance sheet. Its falling stock price in recent months ...
The likelihood that Nvidia NVDA0.91%increase; green up pointing triangle will be investing far less than $100 billion in OpenAI raises big questions for Oracle ORCL-4.57%decrease; red down pointing ...
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 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 ...
In mid-January 2026, Oracle had massive unrealized potential on the table due to the recent acquisition of TikTok holdings. Once merely the landlord of this property, it's now also going to be able to ...
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 ...
Hammered by the general software selloff and AI debt concerns, shares of Oracle have shed 25% over eight trading sessions Oracle issued $25 billion of corporate bonds on Monday as part of its 2026 ...
Shares in Oracle, one of the world’s largest computing infrastructure companies, fell by 29.4% in the month to 13 November, as concerns over the feasibility of artificial intelligence (AI) spending ...