Oracle (NYSE:ORCL) is reportedly planning to raise about US$45b to US$50b in debt and equity to fund large scale AI and cloud ...
As US banks retreat from AI data-centre financing, Oracle is considering cutting up to 30,000 jobs and selling Cerner to ease mounting financial pressure, TD Cowen says.
Oracle faces massive job cuts, potentially 20,000-30,000, to fund its costly $300 billion OpenAI partnership. The tech giant has already incurred significant debt for AI data centers, with its stock ...
Oracle is reportedly considering up to 30,000 job cuts and asset sales as US banks step back from financing its AI data-center expansion, raising concerns over rising costs and funding challenges.
Oracle is reportedly planning to cut up to 30,000 jobs as banks reduce funding for expensive AI data centre projects. This ...
The new data unification, analytics, and AI solution provides the pre-built, industry-specific insights utilities need to make informed decisions faster LAS VEGAS, Sept. 11, 2024 /PRNewswire/ -- ...
Oracle tightened its embrace of the Cloud Native Computing Foundation (CNCF), announcing a curated set of open source software plucked from CNCF’s menu of projects. The CNCF projects are part of what ...
Oracle Corp. on Wednesday announced that several of its open-source projects — including a file system and a systems management tool — will be available under the GNU General Public License Version 2 ...
Oracle submitted the confidential documents as part of an effort to question the credibility of an IBM software consultant called to testify by the Department of Justice, which is seeking to block ...