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 ...

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.

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, a US-based multinational, is mulling over laying off around 20,000 to 30,000 employees, which is approximately 10% of its workforce, CIO reported, citing investment bank TD Cowen. The plans of ...

(Bloomberg) --Oracle Corp. plans to raise $45 billion to $50 billion this year through a combination of debt and equity sales to build additional cloud infrastructure capacity, reflecting the scale of ...

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 ...

Oracle shares fell premarket after the cloud-services giant announced plans to raise up to $50 billion this year to fund its artificial-intelligence infrastructure buildout. Shares declined more than ...

Just 10 made-to-order examples of the Todd Snyder Limited Edition will be built. The first model from the series, the City Black, is based on a left-hand-drive 1998 Defender 90 that was originally ...

Microsoft acknowledged the outage at 11:37 a.m. Pacific Thursday, posting to X that it is ‘investigating a potential issue impacting multiple Microsoft 365 services.’ Microsoft is working to correct ...

Jan 28 (Reuters) - Nvidia (NVDA.O), opens new tab, Amazon (AMZN.O), opens new tab, and Microsoft (MSFT.O), opens new tab are in talks to invest up to $60 billion in OpenAI, ‌The Information reported ...

Microsoft (MSFT) reported its second quarter earnings after the bell on Wednesday, beating Wall Street estimates on the top and bottom lines, with cloud revenue topping $50 billion for the first time.

Microsoft is rated a strong 'Buy' for 2026, driven by robust demand in Azure, AI, and enterprise software. Microsoft's revenue grew 15% YoY, with Q4 2025 growth at 18% and commercial RPOs up 51% to ...