Feb 1 (Reuters) - Oracle (ORCL.N), opens new tab expects to raise $45 billion to $50 billion in 2026 to build additional capacity for its cloud infrastructure, the software company said on Sunday.
(Bloomberg) --Oracle Corp. plans to raise $45 billion to $50 billion this year through a combination of debt and equity sales to build additional cloud infrastructure capacity, reflecting the scale of ...
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 ...
Tech major Oracle is reportedly planning to cut as many as 20,000 to 30,000 jobs globally, as the company looks to redirect resources towards building Artificial Intelligence data centres, a report by ...
In a note, analyst Gil Luria said a stabilized OpenAI reportedly backed by up to $140 billion in capital should meet its obligations to Oracle, including planned use of Oracle's cloud infrastructure.
Oracle is in the process of building out its cloud computing capabilities, amid strong demand from a host of AI firms, including a major partnership with OpenAI. The company had in September announced ...
Shares of Oracle (ORCL) jumped about 10% on Monday after D.A. Davidson upgraded its rating to Buy from Neutral while maintaining its $180 price target on the stock. The analysts said that OpenAI has ...
Oracle (ORCL-N) gained 2 per cent on Monday after Wall Street analysts said the software company’s US$50-billion fundraising plan allays worries over its ability to finance a massive data-centre ...
Simply sign up to the Capital markets myFT Digest -- delivered directly to your inbox. Investors piled into Oracle’s latest $25bn bond offering on Monday after the software company pledged to preserve ...
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 ...
A major project to build more than 400 apartments on a site which includes a shopping centre's cinema and former Debenhams store is set to be approved later. Long-standing plans to replace The ...
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