Oracle is reportedly planning up to 30,000 job cuts due to US banks refusing to finance its AI data centre buildout.

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Our client is a technology company delivering integrated software and data solutions to the retail and distribution sector. They focus on building scalable, high-performance systems that connect POS, ...

In recent months, Oracle has doubled down on AI-focused cloud infrastructure, ramping capital spending, expanding data centers, and deepening ties with major AI customers like OpenAI, Meta, Nvidia, ...

Multiple media outlets, including the Associated Press, reported that ByteDance has reached an agreement with Oracle ORCL, Silver Lake, and Abu-Dhabi-based MGX to set up a joint venture for TikTok’s ...

Oracle's partner in a $300 billion deal, OpenAI, is projected not to be cash generative until 2030. The bond markets are growing stressed about the company's future financing needs. This appears to be ...

Blue Owl Capital‘s (NYSE: OWL) decision to step away from financing an Oracle-backed (NYSE: ORCL) AI data center has become a fresh flashpoint for investors already on edge about the financial ...

Major U.S. indexes fall on AI weakness. Investors are growing enthusiastic over Chinese chipmakers. Netflix deal is "superior" to Paramount's, Warner Bros. says. U.S. approves $11.15 billion sale to ...

Dec 17 (Reuters) - Oracle said talks for an equity deal to support its Michigan data center project remain on schedule and do not include Blue Owl Capital, after a report of stalled negotiations with ...

Oracle (ORCL) is well-positioned to benefit from AI adoption by leveraging its integrated infrastructure, database, and applications, differentiating itself from hyperscalers. Despite recent stock ...