Oracle faces massive job cuts, potentially 20,000-30,000, to fund its costly $300 billion OpenAI partnership. The tech giant ...

Over the past few weeks, several US banks have pulled off from lending to Oracle for expanding its AI data centres, as per a ...

Oracle is considering workforce cuts and selling Cerner to alleviate financial pressure, warns investment bank TD Cowen.

In yet another wave of layoffs, Oracle is reportedly planning to cut around 30,000 jobs. According to the reports, the ...

Oracle is defending its substantial AI partnership with OpenAI amidst reports of potential job cuts to fund infrastructure.

Cerner, though acquired in 2022, is nothing to multibillion black hole Oracle could cut up to 30,000 jobs and sell health ...

Oracle may cut 20,000-30,000 jobs and sell Cerner as US banks pull back from AI data centre financing, reports CIO citing TD Cowen research.

A data center opposition group is suing in Port Washington over a $458 million TIF district for a $15 billion AI data center. The city seeks dismissal.

The job cuts are expected to free $8-10 billion in cash and consider selling Cerner, as U.S. banks pull back from financing ...

Oracle is reportedly planning layoffs of up to 30,000 employees as it faces funding pressure to expand AI data centres, with ...

As US banks retreat from AI data-centre financing, Oracle is considering cutting up to 30,000 jobs and selling Cerner to ease mounting financial pressure, TD Cowen says.