Indiatimes

IRGC claims attack on Oracle data center in Dubai; UAE denies

Update: UAE media has denied reports claiming attack on Oracle data centre in Dubai. Iran's Islamic Revolutionary Guard Corps (IRGC) has reportedly claimed that it has struck a data center of American ...
The Guardian

US tech firm Oracle cuts thousands of jobs as it steps up AI spending

Company chaired by Trump ally Larry Ellison seeks to reassure investors that bet on AI infrastructure will pay off Oracle is cutting thousands of jobs as the US technology company seeks to reassure ...
The Next Web

Oracle is cutting up to 30,000 employees to pay for AI data centres

Employees across the US, India, Canada, and Mexico woke up on 31 March to termination emails from “Oracle Leadership” with no prior warning. TD Cowen estimates the cuts will affect 18% of Oracle’s 162 ...
International Business Times

Oracle Earnings Beat Expectations as Small Layoff Begins Because of AI

Oracle reported stronger-than-expected third-quarter revenue on Tuesday, signaling continued demand for its enterprise software and cloud services. At the same time, the tech giant outlined ambitious ...
Business Times

Oracle posts strong cloud sales growth following AI bookings

[NEW YORK] Oracle posted quarterly cloud revenue that was better than expected and projected strong sales in the upcoming fiscal year, a sign the company is making good on its massive artificial ...
Indiatimes

After denying delay in data centre project with OpenAI for months, Oracle goes ahead and scraps it as two companies cannot get … right

Oracle and OpenAI have scrapped plans to expand their flagship Stargate data centre in Abilene, Texas, after months of failed negotiations over financing and shifting demand. The collapse comes ...
The Financial Times

Oracle and OpenAI scrap deal to expand flagship Texas data centre

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Oracle and OpenAI have abandoned plans to expand their flagship data centre site in Texas, walking away from a ...
The Star

Oracle US$25bil bond frenzy helps ease fears

Optimism grows: Oracle’s logo on a screen on the floor of the New York Stock Exchange. The tech firm’s fundraising blitz reassures investors on AI spending plans, driving a rally and lifting broader ...
Business Today

Oracle outlines plan to raise $50 billion in debt and equity for 2026

Oracle Corporation has announced plans to raise between $45 billion and $50 billion (approximately Rs 4.585 lakh crores) during 2026. The software giant intends to use the capital to significantly ...
The Hindu

Oracle says it plans to raise up to $50 billion in debt and equity this year

Oracle expects to raise $45 billion to $50 billion ‍in 2026 to build additional capacity for its cloud infrastructure, the software company ‌said on Sunday. The company, chaired by billionaire Larry ...
Shacknews

Oracle (ORCL) states alleged trouble with $100 billion NVIDIA (NVDA) & OpenAI deal won't affect it

The artificial intelligence corner of the tech industry is feeling anxious this week due to ongoing rumors that a possible deal worth $100 billion between NVIDIA and OpenAI may be in trouble. There’s ...