Councillors at audit committee urged to ensure strong project governance and adequate tech staffing levels and change ...
Oracle (NYSE:ORCL) is reportedly planning to raise about US$45b to US$50b in debt and equity to fund large scale AI and cloud ...
The ratings on the data centre loans cover Oracle’s leases on $38bn of data centre facilities being built in Texas and Wisconsin, as well as an $18bn data centre campus in New Mexico, which is backed ...
Oracle faces massive job cuts, potentially 20,000-30,000, to fund its costly $300 billion OpenAI partnership. The tech giant ...
In yet another wave of layoffs, Oracle is reportedly planning to cut around 30,000 jobs. According to the reports, the ...
As discussions between Nvidia and OpenAI strain, Oracle has assured its partners that financing for the Port Washington data ...
The job cuts are expected to free $8-10 billion in cash and consider selling Cerner, as U.S. banks pull back from financing ...
mlive on MSN
Saline Township planners consider pause on industrial amid OpenAI, Oracle data center backlash
SALINE TWP., MI — Saline Township planners are mulling over ways to have more local control over heavy development, as ...
India Today on MSN
Oracle could lay off 30,000 employees, report reveals
Oracle is reportedly planning to cut up to 30,000 jobs as the company looks for cash to fund its costly AI data centre ...
Oracle Corporation’s $50B capital raise funds AI data centers as revenue/EPS surge forecasts show ORCL undervalued despite debt. Click for this ORCL update.
The capital injection aims to satisfy surging cloud demand from heavyweight clients including OpenAI, Meta, Nvidia, AMD, ...
Oracle is undergoing massive AI-driven data center expansion, pressuring debt and margins in the near term. Learn why ORCL ...
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