Rising borrowing costs, stretched valuations and mounting leverage are testing the foundations of Wall Street’s artificial intelligence boom.
Browsing: Oracle
Oracle is investing $10 million in the Nashville Symphony to address its financial crisis, restore its 2026-27 season and bring musicians back to the stage.
Oracle says no critical infrastructure was damaged at Project Jupiter after flooding reached the New Mexico AI data center site.
Oracle is citing ‘force majeure’ to shield itself on data center according to a report by Bloomberg.
Oracle faces fresh layoff fears as it ramps up AI spending, with employees watching closely for another potential round of job cuts.
Oracle employees could face another round of layoffs, months after March cuts as the company moves to reduce payroll
UAE digital-first Islamic community bank Ruya (ruya) has entered a long-term strategic partnership with enterprise AI company Magure
Pentagon announced Thursday a contract with Larry Ellison’s Oracle worth $7 billion over a decade.
Cloud software company reduced headcount by about 21,000 employees while increasing investment in AI infrastructure and cloud capacity.
Oracle wins a major U.S. government contract to build a centralized HR platform, modernizing federal workforce management and operations.
Oracle secures $16 billion funding for Michigan data center campus, boosting AI infrastructure amid local environmental concerns.
Tennessee gave Oracle $240M for Nashville HQ, but few jobs followed, raising fresh concerns about AI, layoffs, and visas.
Texas and California have been dominating headlines for some time now. This time, the focus is on claims that companies are rapidly leaving California
Maxson, 48, is joining from French industrial conglomerate Schneider Electric where she had served as group CFO
Data from the U.S. Citizenship and Immigration Services shows Oracle America Inc. submitted 2,690 applications for fiscal year 2025 and 436 so far for fiscal year 2026
IBM layoffs spark offshoring debate as US jobs shift to India amid global tech workforce restructuring and hiring changes
It looks like Oracle already has plans to spend the money it supposedly saved after its recent spate of mass layoffs
Cloud giant targets workforce reductions to manage a cash crunch following a massive investment in infrastructure.
Oracle plans to raise up to $50 billion through debt and equity for cloud infrastructure amid AI demand and debt concerns.
TikTok avoids a US ban after ByteDance finalizes a majority-owned joint venture securing US data and operations.
Around 25,000 people have expressed interest in joining the “Tech Force,” a cadre of engineers to be hired by the Trump
TikTok signs Trump-backed deal to spin off U.S. assets, avoiding ban and securing future operations in America.
Oracle faces mounting investor concerns as data center financing setbacks, rising debt, and stock decline cloud its AI ambitions.
Ray Dalio said on Monday that the Middle East is fast emerging as one of the world’s most powerful artificial intelligence hubs
Oracle projects cloud infrastructure revenue to hit $166 billion by 2030, driven by diversified enterprise demand beyond its high-profile partnership with OpenAI.