Oracle Layoffs: Tech giant to slash 30,000 jobs as banks pull out from financing AI data centres

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

Oracle dips 3% after announcing $50 billion fundraising plans. Here's why

The tech giant has invested huge sums in the AI infrastructure buildout in recent times

Oracle Seeks $50B in 2026 to Fund AI Cloud Growth

The capital injection aims to satisfy surging cloud demand from heavyweight clients including OpenAI, Meta, Nvidia, AMD, TikTok, and xAI.
24/7 Wall St.

Oracle’s Big $50 Billion Bet: Bold Bid for AI Leadership or Setup for Epic Collapse?

Oracle (NYSE:ORCL) announced on Friday that it expects to raise $45 billion to $50 billion in cash this year through a balanced mix of debt and equity financing. The funds will support expansion of its Oracle Cloud Infrastructure (OCI) to deliver on massive contracted demand for AI and cloud capacity from key customers including Advanced
Blockonomi

Oracle (ORCL) Stock: Company Announces $50 Billion Fundraising for Cloud Expansion

Company plans $50B raise for AI cloud as debt insurance costs surge to crisis levels and shares fall 36% to $164.58 from September peak.
Computing

Oracle's latest $50bn AI bet rattles investors

Oracle’s announcement that it plans to raise up to $50 billion this year to meet demand for AI infrastructure caused its shares to drop, with