Oracle plans to raise between $45 billion and $50 billion this year as it looks to fund its huge bet on cloud computing to power artificial intelligence. About half of that will be in debt, which will ...
Tech major Oracle is reportedly planning to cut as many as 20,000 to 30,000 jobs globally, as the company looks to redirect resources towards building Artificial Intelligence data centres, a report by ...
Oracle shares fell about 4% in premarket trading on Monday, after it outlined plans to raise $45 billion to $50 billion this year to expand its cloud infrastructure, fueling investor concerns about ...
Learn everything you need to know about Novo Business Bank! This tutorial covers online banking, account management, payments, funding, and more. Perfect for small business owners! Winter storm drone ...
Oracle's (ORCL) part ownership of the TikTok (TIKTOK) U.S. joint venture would help the company diversify and give it its very first "foray into a consumer business," according to Seeking Alpha ...
Oracle Corporation (NYSE:ORCL) is one of the stocks Jim Cramer shared his takes on. A caller asked what was wrong with the company, and Cramer explained: “Okay, well, this is actually involved with ...
The tech sector sold off as investors took in a report that Oracle's $10B data center for OpenAI is in jeopardy. Sources told the FT that talks to build the data center have stalled due to concerns ...
Oracle’s stock fell more than 12% on Thursday on growing fears about the software giant’s massive AI spending — shaving more than $30 billion off co-founder Larry Ellison’s fortune. The Texas-based ...
Oracle stock plunged 14% on Thursday, weighing on the broader AI trade. The tech leader posted lower-than-expected quarterly revenue, raising concerns of AI overspending. It's the latest red flag for ...
Shares in the technology company are down as investors grow anxious that its bet on artificial intelligence, and OpenAI in particular, may not pay off. By Andrew Ross Sorkin Bernhard Warner Sarah ...
Penn is investigating a cybersecurity breach of its Oracle E-Business Suite servers that compromised the personal information of University-affiliated individuals across multiple states. The breach — ...