Enterprise software giant Oracle is reportedly planning to ax thousands of jobs due to mounting financial pressure from its aggressive push to build AI-focused data centers. The tech powerhouse may ...

Oracle has pushed back against recent media coverage of its Stargate AI data center project in Abilene, Texas, saying reports about problems at the site are “false and incorrect” while confirming the ...

Oracle is reportedly planning significant job cuts, potentially thousands, to manage a growing cash crunch fueled by its massive AI data center expansion. This restructuring, costing over $1.6 billion ...

Oracle Corp. and OpenAI have scrapped plans to expand a flagship artificial intelligence data center in Texas after negotiations dragged over financing and OpenAI’s changing needs. The collapsed talks ...

Oracle Corp. is planning to ax thousands of jobs, among its moves to handle a cash crunch from a massive AI data center expansion effort. The job reductions will affect divisions across the company ...

Oracle Corp.’s new monster $25 billion debt financing underscores the growing anxiety among bond investors about how the artificial-intelligence race will be funded. Back To Top ...

Oracle's shares may be oversold. OpenAI and TikTok should help to fuel the cloud giant's growth. The sell-off in Oracle's shares is overdone. That's according to Davidson analyst Gil Luria, who ...

To finance its artificial-intelligence ambitions, Oracle is looking to raise more money at a time when Wall Street has gotten more worried about the level of financing underpinning the AI boom. 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 ...

Oracle (ORCL) on Sunday said it expects to raise $45B to $50B in 2026 to build additional capacity for its cloud infrastructure business. Shares in the software company rebounded to gain 4% after ...

Austin-based technology titan Oracle Corp. recently announced plans to raise between $45 billion and $50 billion this year to help fund its growing artificial intelligence infrastructure plans. The ...

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 ...