Oracle India is planning to set-up new AI data centres in India starting with one in collaboration with Amazon Web Services and Google Cloud each. The plans are in line with the company’s plan to ...

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 ...

Employees linked to data centres and non-core units are likely to be most at risk. Customers are also likely to feel the impact. To cut costs, Oracle is asking new customers to pay 40 per cent of fees ...

Oracle is contemplating to cut nearly 20,000-30,000 jobs and selling some of its activities as US banks pull back from financing the company’s AI data centre expansion, according to a CIO report. The ...

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 ...

To finance its artificial-intelligence ambitions, Oracle is looking to raise more money at a time when Wall Street has gotten more worried about the level of financing underpinning the AI boom. The ...

Oracle’s remaining performance obligations surged to $523B. This represents roughly 8.5 times annual revenue. Oracle’s trailing free cash flow turned negative at $13B as capital expenditures soared ...

Mon, February 2, 2026 at 1:24 PM UTC However, the scale of the capital raise introduces major risks: execution must align perfectly across financing, construction timelines, supply chain delivery, and ...

Oracle has said it plans to raise between $45-50 billion in debt and equity in 2026 to help fund the expansion of its cloud computing business. As reported by The Information, Oracle will use the ...

Feb 1 (Reuters) - Oracle expects to raise $45 billion to $50 billion in 2026 to ‌build additional capacity for its cloud infrastructure, the software company said on Sunday. The ‌company, chaired by ...

Oracle (ORCL) raised fiscal 2026 capex guidance to $50B from $35B. Oracle’s stock has nearly halved despite aggressive AI infrastructure buildout. Oracle’s total debt and lease obligations reached ...

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 ...