Oracle expects to raise $45 billion to $50 billion in 2026 to build additional capacity for its cloud infrastructure.
Oracle is reportedly planning to cut up to 30,000 jobs as the company looks for cash to fund its costly AI data centre expansion.
Overview Oracle shares fell nearly 1% as reports of large job cuts worried investors.Funding stress around AI data centres raised doubts over Oracle’s expansion ...
Oracle's financial results don't mean much for its rivals. Yet investor money flooded into business-application stocks Tuesday after Oracle, the second-largest software company, reported results that ...
Oracle fired back in the war of written words with research firm Gartner, which issued a report last week critical of the database software maker. Oracle on Monday posted an article on its Web site ...
One byproduct of the COVID-19 pandemic was the accelerated shift toward digitization and online/cloud-based services. It also created an preference by investors for “large, well-managed, stable, tech ...