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FULTON COUNTY, Ind. -- After weeks of online speculation, a proposed data center development in Fulton County is now official — and already drawing sharp reactions from residents in Akron. More than ...
Investing.com -- Banks are looking for new investors to purchase billions of dollars in loans connected to Oracle’s data centre construction projects, the Financial Times reported on Wednesday. At ...
US software major Oracle is considering its biggest round of layoffs in years, as financing pressure mounts around its ambitious AI data centre expansion. Banks are retreating, borrowing costs are ...
Oracle may eliminate 30,000 jobs to free billions in cash as it accelerates an expensive, high-stakes AI infrastructure push. Oracle could soon face one of the most significant workforce reductions in ...
Oracle is considering cutting between 20,000 and 30,000 jobs and selling some business units as U.S. banks pull back from financing the company’s AI data-centre expansion, according to a research note ...
Oracle is reportedly considering cutting 20,000 to 30,000 jobs worldwide as it struggles to balance rising costs tied to its aggressive artificial intelligence and cloud infrastructure expansion. The ...
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 ...
Did our AI summary help? Oracle is preparing for what could be one of the biggest job cuts in its history as it struggles to fund an ambitious push into artificial intelligence data centres. According ...
Feb 2 (Reuters) - Oracle (ORCL.N), opens new tab shares gained 2% on Monday after Wall Street analysts said the software company's $50 billion fundraising plan allays worries over its ability to ...
Oracle stock rose 2% in Monday morning trading after the company announced on Sunday plans to raise $45 billion to $50 billion in the 2026 calendar year. The data center giant said on Sunday it ...