Oracle's 5-year credit default swaps are tumbling after the company announced a $50 billion debt and equity financing plan.
Oracle may take drastic cost-cutting steps to improve cash flow stress, according to CIO, citing TD Cowen’s assessment. In ...
By Rashika Singh Feb 2 (Reuters) - Oracle shares gained 2% on Monday after Wall Street analysts said the software company's ...
Oracle Database 26ai embeds AI capabilities directly into production databases, enabling enterprises to deploy AI securely ...
The capital injection aims to satisfy surging cloud demand from heavyweight clients including OpenAI, Meta, Nvidia, AMD, ...
Oracle (NYSE:ORCL) announced on Friday that it expects to raise $45 billion to $50 billion in cash this year through a ...
Oracle may cut 20,000-30,000 jobs and sell Cerner as US banks pull back from AI data centre financing, reports CIO citing TD Cowen research.
Oracle (NYSE:ORCL) looked like it was destined to be the next $1 trillion company last year before things made an abrupt turn ...
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Oracle Layoffs: Tech giant to slash 30,000 jobs as banks pull out from financing AI data centres
Over the past few weeks, several US banks have pulled off from lending to Oracle for expanding its AI data centres, as per a ...
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Oracle rises after company announces $50 billion fundraising plans. Here's what's happening
The tech giant has invested huge sums in the AI infrastructure buildout in recent times.
The Oracle/TikTok partnership has since been formalized through the establishment of the TikTok USDS Joint Venture LLC, which was finalized last week, enabling continued operations in the country with ...
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