Oracle's 5-year credit default swaps are tumbling after the company announced a $50 billion debt and equity financing plan.
Oracle Database 26ai embeds AI capabilities directly into production databases, enabling enterprises to deploy AI securely ...
The capital injection aims to satisfy surging cloud demand from heavyweight clients including OpenAI, Meta, Nvidia, AMD, ...
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.
Oracle (NYSE:ORCL) announced on Friday that it expects to raise $45 billion to $50 billion in cash this year through a ...
The Oracle/TikTok partnership has since been formalized through the establishment of the TikTok USDS Joint Venture LLC, which was finalized last week, enabling continued operations in the country with ...
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 (NYSE:ORCL) looked like it was destined to be the next $1 trillion company last year before things made an abrupt turn ...
The job cuts are expected to free $8-10 billion in cash and consider selling Cerner, as U.S. banks pull back from financing ...
Oracle said it expects to raise between $45 and $50 billion this year through a combination of debt and equity financing to build additional capacity as it seeks to satisfy demand ...