(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 ...

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 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 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 ...

In a note, analyst Gil Luria said a stabilized OpenAI reportedly backed by up to $140 billion in capital should meet its obligations to Oracle, including planned use of Oracle's cloud infrastructure.

The United States kicked off their defense of the figure skating team gold medal in strong fashion on Day 1 of the team event at the 2026 Winter Olympics in Milano Cortina. Reigning world champion ...

Oracle is in the process of building out its cloud computing capabilities, amid strong demand from a host of AI firms, including a major partnership with OpenAI. The company had in September announced ...

Shares of Oracle (ORCL) jumped about 10% on Monday after D.A. Davidson upgraded its rating to Buy from Neutral while maintaining its $180 price target on the stock. The analysts said that OpenAI has ...

Simply sign up to the Capital markets myFT Digest -- delivered directly to your inbox. Investors piled into Oracle’s latest $25bn bond offering on Monday after the software company pledged to preserve ...

California Governor Gavin Newsom’s $236 million program to help those with severe mental illness who bounce between homelessness and jail has helped a measly 22 people since the its launch in 2022, a ...

A major project to build more than 400 apartments on a site which includes a shopping centre's cinema and former Debenhams store is set to be approved later. Long-standing plans to replace The ...