Oracle's 5-year credit default swaps are tumbling after the company announced a $50 billion debt and equity financing plan.
The software giant wants to expand its cloud infrastructure, even as its stock trails and investor concerns deepen.
The capital injection aims to satisfy surging cloud demand from heavyweight clients including OpenAI, Meta, Nvidia, AMD, ...
The tech giant has invested huge sums in the AI infrastructure buildout in recent times.
Tenants are moving off Cowan Street on the East Bank as Oracle Corp. seeks to lay the groundwork for its promised $4.5 ...
Feb 1 (Reuters) - Oracle expects to raise $45 billion to $50 billion in 2026 to build additional capacity for its cloud ...
Software giant Oracle has a vast installed base of enterprise customers that it has agglomerated over the decades that gives it the cash flow to do many ...
Oracle announced the Oracle Life Sciences AI Data Platform, a generative AI-enabled solution designed to empower pharmaceutical, medical device, research, and life sciences organizations to accelerate ...
Here's which companies and investors own TikTok, who owns Oracle, and what to know about the app's new terms and conditions.
Oracle stock rose on Monday after the tech giant said it plans to raise up to $50 billion this year to fund its ambitious bet on AI and cloud computing.
Oracle Corp. predicted that a massive data center it’s developing for OpenAI in New Mexico will create more jobs than ...
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Saline Township planners consider pause on industrial amid OpenAI, Oracle data center backlash
SALINE TWP., MI — Saline Township planners are mulling over ways to have more local control over heavy development, as ...
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