Oracle’s remaining performance obligations surged to $523B. This represents roughly 8.5 times annual revenue. Oracle’s trailing free cash flow turned negative at $13B as capital expenditures soared ...

Oracle’s remaining performance obligations surged to $523B. This represents roughly 8.5 times annual revenue. Oracle’s trailing free cash flow turned negative at $13B as capital expenditures soared ...

Oracle is defending its substantial AI partnership with OpenAI amidst reports of potential job cuts to fund infrastructure. Despite a stalled Nvidia deal, Oracle remains confident in OpenAI's funding ...

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 ...

Oracle faces massive job cuts, potentially 20,000-30,000, to fund its costly $300 billion OpenAI partnership. The tech giant has already spent $58 billion on data centers and is struggling with rising ...

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 (ORCL) on Sunday said it expects to raise $45B to $50B in 2026 to build additional capacity for its cloud infrastructure business. Shares in the software company rebounded to gain 4% after ...

Oracle is considering cutting 20,000 to 30,000 jobs and selling some of its activities as US banks pull back from financing the company’s AI data-center expansion, according to investment bank TD ...

Potential layoffs 'largest in Oracle’s recent history', could free up $8b to $10b Mumbai: US tech giant Oracle is planning to cut 20,000 to 30,000 jobs and sell parts of its activities to help finance ...

Oracle has announced plans to secure between $45bn and $50bn in funding during 2026 to expand the capacity of its cloud infrastructure business. The funding will support additional infrastructure ...

Oracle (ORCL) plans to raise $40B to $50B to expand cloud infrastructure for major AI customers including Meta, Nvidia and OpenAI. Oracle’s remaining performance obligations surged to $523B. This ...