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 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 ...

The likelihood that Nvidia NVDA0.91%increase; green up pointing triangle will be investing far less than $100 billion in OpenAI raises big questions for Oracle ORCL-4.57%decrease; red down pointing ...

Oracle shares fell 2% on February 2 following the company’s announcement that it planned to raise upwards of $50 billion in 2026. That spike came after Oracle reported a 359% increase in its remaining ...

AUSTIN, Texas, Feb. 1, 2026 /PRNewswire/ -- Oracle Corporation (NYSE: ORCL) today announced its full calendar year 2026 plan to fund the expansion of its rapidly growing Oracle Cloud Infrastructure ...

We recently published 12 Stocks on Jim Cramer’s Radar. Oracle Corporation (NYSE:ORCL) is one of the stocks on Jim Cramer's radar. Data center and enterprise software provider Oracle Corporation ...

CNBC's Seema Mody joins 'Squawk Box' to report on the latest news from Oracle. Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more CNBC delivered to your ...

Colin is an Associate Editor focused on tech and financial news. He has more than three years of experience editing, proofreading, and fact-checking content on current financial events and politics.

Oracle announced on Sunday, February 1, 2026, that it expects to raise $45 billion to $50 billion in 2026 to build additional capacity for its cloud infrastructure. The US-based multinational ...

Questions raised during the latest audit committee meeting at Birmingham City Council show continued concerns among councillors that its controversial Oracle project will fail to go live on time, as ...

Oracle Corp plans to raise US$45 billion to US$50 billion this year through a combination of debt and equity sales to build additional cloud infrastructure capacity, reflecting the scale of financing ...

In 1987, long before artificial intelligence became the mass-market obsession it is today, Computerworld convened a roundtable to discuss what was then a new and unsettled question: how AI might ...