Oracle plans to raise between $45 billion and $50 billion this year as it looks to fund its huge bet on cloud computing to power artificial intelligence. About half of that will be in debt, which will ...
Oracle, a US-based multinational, is mulling over laying off around 20,000 to 30,000 employees, which is approximately 10% of its workforce, CIO reported, citing investment bank TD Cowen. The plans of ...
(Bloomberg) --Oracle Corp. plans to raise $45 billion to $50 billion this year through a combination of debt and equity sales to build additional cloud infrastructure capacity, reflecting the scale of ...
Shares of enterprise software giant Oracle (NYSE:ORCL) jumped 3.4% in the afternoon session after the deal for a stake in TikTok's U.S. operations was officially confirmed. The confirmation came from ...
Majority US-owned venture includes Larry Ellison’s Oracle, private-equity group Silver Lake and Abu Dhabi’s MGX TikTok announced on Thursday it had closed a deal to establish a new US entity, allowing ...
Alphabet set to buy data center, energy infrastructure developer Intersect for $4.75 billion in cash
Alphabet announced an plan to buy Intersect for $4.75 billion to secure power for US data centers. The move comes as tech firms face rising grid constraints and AI infrastructure project delays.
Oracle lost a major financing partner for its Michigan data center, adding pressure to an already difficult week for the stock. The market is pricing Oracle bonds as riskier than its official credit ...
I just set up the ultimate Sonos surround system — despite some connection issues, it's here to stay
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Oracle has plowed more than $20 billion into capital expenditure in the first half of its financial year, as the tech company rushes to build out data centers for artificial intelligence. Oracle said ...
Oracle (ORCL) shares fell 7% in extended trading on Wednesday as the IT giant continued to rack up deals, but its fiscal second-quarter results were mixed compared to Wall Street's forecast. For the ...
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