Oracle is actively promoting its AI data center progress and job creation efforts amidst significant investor concerns. The company's massive $300 billion OpenAI cloud contract, signed in September ...
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 ...
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.
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 ...
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 ...
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 ...
Oracle Corp (NYSE:ORCL) is one of the stocks with huge growth potential, according to the media. On January 23, Morgan Stanley cut Oracle Corp (NYSE:ORCL)’s price target to $213 from $320 while ...
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.
Doha, Qatar: The Ministry of Communications and Information Technology (MCIT) and Oracle have signed an agreement to renew the technical support contract for Oracle licenses across government entities ...
Oracle (ORCL) raised fiscal 2026 capex guidance to $50B from $35B. Oracle’s stock has nearly halved despite aggressive AI infrastructure buildout. Oracle’s total debt and lease obligations reached ...
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 ...
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 ...