Oracle faces massive job cuts, potentially 20,000-30,000, to fund its costly $300 billion OpenAI partnership. The tech giant has already spent $58 billion on data centers and is struggling with rising ...

Oracle, a US-based multinational, is mulling over laying off around 20,000 to 30,000 employees, which is approximately 10% of its workforce, CIO reported, citing investment bank TD Cowen. The plans of ...

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 is executing a transformation that leverages its database core while supplying data center infrastructure. Read what ...

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 considering cutting 20,000 to 30,000 jobs and selling some of its activities as US banks pull back from financing the company’s AI data-center expansion, according to investment bank TD ...

Oracle’s earnings report last week didn’t do much to soothe concerns about how the company will fund its artificial-intelligence investments. In fact, investor sentiment has taken a turn for the worse ...

SALINE TWP., MI — Construction truck traffic got even heavier this week on Michigan Avenue/U.S. 12 through the Saline area with residents already reporting issues since late last year. It is due to ...

Oracle Corp. predicted that a massive data center it’s developing for OpenAI in New Mexico will create more jobs than previously announced, another example of tech companies trying promote positive ...

Oracle is staring down the possibility of its largest-ever workforce reduction—and at the heart of it is a $300 billion partnership with OpenAI that's proving far more expensive than anyone initially ...

・Oracle’s debt-fueled data center expansion has drawn concerns, prompting a sharp sell-off in its stock in recent months. ・Last year, Oracle raised its 2026 capital expenditure view by $15 billion to ...