Browsing: Cloud Infrastructure

Oracle plans to raise up to $50 billion through debt and equity for cloud infrastructure amid AI demand and debt concerns.

A widespread AWS outage disrupted major apps and websites including Snapchat, Venmo, and Reddit, before Amazon reported “significant signs of recovery” by Monday afternoon.

Oracle projects cloud infrastructure revenue to hit $166 billion by 2030, driven by diversified enterprise demand beyond its high-profile partnership with OpenAI.

The UK secures £150 billion ($193.5 billion) in U.S. investments during Trump’s state visit, boosting AI, cloud, life sciences, and digital infrastructure with 7,600 jobs.

Oracle’s recent layoffs have shaken thousands of employees in India and the U.S., highlighting the human toll of restructuring even as the company expands AI and cloud investments.

Oracle trims jobs in its cloud division while unveiling an AI-first EHR on Oracle Cloud Infrastructure, aiming to transform healthcare workflows and expand AI capabilities.