Oracle's 5-year credit default swaps are tumbling after the company announced a $50 billion debt and equity financing plan.
The software giant wants to expand its cloud infrastructure, even as its stock trails and investor concerns deepen.
The capital injection aims to satisfy surging cloud demand from heavyweight clients including OpenAI, Meta, Nvidia, AMD, ...
The tech giant has invested huge sums in the AI infrastructure buildout in recent times.
Feb 1 (Reuters) - Oracle expects to raise $45 billion to $50 billion in 2026 to build additional capacity for its cloud ...
Oracle announced the Oracle Life Sciences AI Data Platform, a generative AI-enabled solution designed to empower pharmaceutical, medical device, research, and life sciences organizations to accelerate ...
Oracle stock rose on Monday after the tech giant said it plans to raise up to $50 billion this year to fund its ambitious bet on AI and cloud computing.
Oracle Corp. predicted that a massive data center it’s developing for OpenAI in New Mexico will create more jobs than ...
Metro is prepping for critical infrastructure work on the site of Oracle's future East Bank campus, marking the latest sign ...
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Oracle seeks to build bridges with MySQL developers
Big Red promises 'new era' as long-frustrated contributors weigh whether to believe it Oracle is taking steps to "repair" its ...
Chronicle, the oracle infrastructure powering secure, scalable financial data onchain, today announced that it has been selected by Centrifuge as its primary oracle partner. This partnership ...
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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