Oracle is defending its substantial AI partnership with OpenAI amidst reports of potential job cuts to fund infrastructure. Despite a stalled Nvidia deal, Oracle remains confident in OpenAI's funding ...
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 ...
Oracle issued a public statement to address reports linking its massive infrastructure spending to potential large-scale job cuts. The company clarified its financial relationship with OpenAI and ...
WASHINGTON, Jan 27 (Reuters) - Oracle (ORCL.N), opens new tab on Tuesday said issues faced by U.S. users of social media app TikTok are the result of a temporary weather-related power outage at an ...
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 ...
Oracle is reportedly heading towards another round of layoffs, following the company’s decision to cut around 10,000 jobs in late 2025. According to a report by CIO, citing investment bank TD Cowen, ...
AUSTIN, Texas, Feb. 1, 2026 /PRNewswire/ -- Oracle Corporation (NYSE: ORCL) today announced its full calendar year 2026 plan to fund the expansion of its rapidly growing Oracle Cloud Infrastructure ...
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 ...
Feb 2 (Reuters) - Oracle (ORCL.N), opens new tab shares gained 2% on Monday after Wall Street analysts said the software company's $50 billion fundraising plan allays worries over its ability to ...
Colin is an Associate Editor focused on tech and financial news. He has more than three years of experience editing, proofreading, and fact-checking content on current financial events and politics.
Simply sign up to the Capital markets myFT Digest -- delivered directly to your inbox. Investors piled into Oracle’s latest $25bn bond offering on Monday after the software company pledged to preserve ...