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 ...
Oracle is defending its substantial AI partnership with OpenAI amidst reports of potential job cuts to fund infrastructure. Despite a stalled Nvidia deal, Oracle remains confident in OpenAI's funding ...
In my view, Oracle has become an OpenAI sentiment story. Oracle plans to raise $45B–$50B of gross cash proceeds through a balanced mix of debt and equity, with concrete details on both. I see this as ...
The likelihood that Nvidia NVDA0.80%increase; green up pointing triangle will be investing far less than $100 billion in OpenAI raises big questions for Oracle ORCL-1.71%decrease; red down pointing ...
US-based technology giant, Oracle Corp., is looking to raise between $45 billion and $50 billion in the year 2026, in an effort to build additional capacity for its cloud infrastructure investment ...
Oracle Layoffs: These job cuts are likely to help ease the mounting financing pressures linked to Oracle’s multiyear cloud infrastructure commitments, including a major contract to provide compute ...
US technology giant Oracle is considering massive job cuts as it struggles to fund its artificial intelligence (AI) data centre expansion, CIO reported, citing investment bank TD Cowen. The company ...
Oracle is reportedly preparing to cut between 20,000 and 30,000 jobs and could even sell its healthcare software unit, Cerner, as rising borrowing costs and a funding crunch threaten its massive AI ...
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 ...
Oracle (NYSE: ORCL) popped 3% on Monday after TikTok published a press release outlining details of the newly formed TikTok U.S. Data Security Joint Venture. Oracle, private equity firm Silver Lake, ...
Oracle could cut up to 30,000 jobs and sell health tech unit Cerner to ease its AI datacenter financing challenges, investment banker TD Cown has claimed, amid changing sentiment on Big Red's massive ...
Investing.com -- Oracle (NYSE:ORCL) stock jumped briefly before paring gains Wednesday afternoon following a Bloomberg report that Blackstone (NYSE:BX) is considering expanding its financial ...