Oracle Layoffs: Tech giant to slash 30,000 jobs as banks pull out from financing AI data centres

Over the past few weeks, several US banks have pulled off from lending to Oracle for expanding its AI data centres, as per a ...

Oracle Seeks $50B in 2026 to Fund AI Cloud Growth

The capital injection aims to satisfy surging cloud demand from heavyweight clients including OpenAI, Meta, Nvidia, AMD, ...
24/7 Wall St.

Oracle’s Big $50 Billion Bet: Bold Bid for AI Leadership or Setup for Epic Collapse?

Oracle (NYSE:ORCL) announced on Friday that it expects to raise $45 billion to $50 billion in cash this year through a ...
CNBCTV18

Oracle may cut up to 30,000 jobs as US banks retreat from funding AI data centres: report

Oracle may cut 20,000-30,000 jobs and sell Cerner as US banks pull back from AI data centre financing, reports CIO citing TD Cowen research.
Social Samosa

Oracle considers 30,000 layoffs to fund AI data centre

The job cuts are expected to free $8-10 billion in cash and consider selling Cerner, as U.S. banks pull back from financing ...
DatacenterDynamics

TikTok says outage is resolved, confirms it was an Oracle data center

The Oracle/TikTok partnership has since been formalized through the establishment of the TikTok USDS Joint Venture LLC, which ...
Computer Weekly

Birmingham Oracle project: Data cleansing and resourcing issues

Councillors at audit committee urged to ensure strong project governance and adequate tech staffing levels and change ...