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.
Oracle Layoffs: Tech major Oracle is planning to slash up to 30,000 jobs to fund AI data centres, a new report has said. According to a report by CIO citing research published this week by investment ...
Oracle said it plans to raise between $45 billion and $50 billion this year to fund its artificial-intelligence infrastructure buildout, seeking fresh capital to satisfy growing demand from clients.
Oracle shares fell 2% on February 2 following the company’s announcement that it planned to raise upwards of $50 billion in 2026. That spike came after Oracle reported a 359% increase in its remaining ...
AUSTIN, Texas, Feb. 1, 2026 /PRNewswire/ -- Oracle Corporation (ORCL) today announced its full calendar year 2026 plan to fund the expansion of its rapidly growing Oracle Cloud Infrastructure business ...
On Sunday, Oracle said it plans to raise $45 billion to $50 billion in 2026 to build additional capacity for its cloud infrastructure. "Oracle is raising money in order to build additional capacity to ...
NEW YORK, Jan 14 (Reuters) - Oracle (ORCL.N), opens new tab was sued on Wednesday by bondholders who say they suffered losses because the company ‌chaired by billionaire Larry Ellison failed to ...
NEW YORK, ‌Jan 14 (Reuters) - Oracle ‌was sued on Wednesday by bondholders ‍who say they suffered losses ⁠because the company led by billionaire Larry Ellison failed to disclose ‌it needed to sell ...
SALINE TWP., MI — Reports have surfaced that funding for a controversial hyperscale data center project in a rural Michigan community near Ann Arbor is up in the air. But a Big Tech giant and its ...
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 ...
Oracle is simultaneously planning heavier capital expenditures and signing up for leases to meet demand for cloud infrastructure for artificial intelligence customers such as OpenAI. The company ...