Oracle has guided for tremendous revenue growth in its cloud infrastructure business over its next four fiscal years.

Oracle revealed plans to raise up to $50 billion in debt and equity to finance its massive data center commitments The company's 5-year credit default swaps fell 17% as the likelihood of a credit ...

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 ...

Potential layoffs 'largest in Oracle’s recent history', could free up $8b to $10b Mumbai: US tech giant Oracle is planning to cut 20,000 to 30,000 jobs and sell parts of its activities to help finance ...

The big news of the week is Oracle Corporation (ORCL) working towards a big capital raise to help clear the worries regarding funding for major data center projects. The AI data center company raising ...

Investors allege Oracle misled them about AI infrastructure returns while top executives unloaded shares at inflated prices. A securities class action filed this week in Delaware federal court accuses ...

Oracle (ORCL-N) gained 2 per cent on Monday after Wall Street analysts said the software company’s US$50-billion fundraising ‍plan allays worries over its ability to finance a massive data-centre ...

US, Germany, Canada disrupt botnets that infected millions of devices Law enforcement agencies in the United States, Germany ‌and Canada have carried out an operation to take down infrastructure used ...

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Oracle may cut up to 30,000 jobs as it looks to fund aggressive AI data centre expansion and manage mounting cloud infrastructure costs. Oracle Layoffs: The possible job cuts highlight the financial ...