Oracle has started marketing a US$5bn mandatory convertible preferred that is part of a US$50bn debt and equity financing package aimed preserving the Texas-based hyperscaler's investment-grade credit ...

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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 ...

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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.

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 on Sunday said it plans to raise $45 billion to $50 billion in 2026 to expand its cloud infrastructure business. The software company said the funds would be used to build additional capacity ...

Oracle remains “committed” to its mission of transforming healthcare, according to Seema Verma, executive vice president and general manager of Oracle Health and Life Sciences. “Whether it is helping ...

Snowflake made its fortune by acting as the ultimate data warehouse for companies. By pioneering the separation of cloud storage from computing power, it allowed organisations to dump vast lakes of ...

Oracle Corporation (NYSE:ORCL) is one of the most promising cloud stocks according to analysts. Morgan Stanley, in an update issued on January 23, lowered its target price on Oracle Corporation (NYSE: ...

Oracle issued a public statement to address reports linking its massive infrastructure spending to potential large-scale job cuts. The company clarified its financial relationship with OpenAI and ...