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, ...
Feb 1 (Reuters) - Oracle expects ​to raise $45 billion to $50 billion in 2026 to build additional capacity ‍for its cloud ...
Tenants are moving off Cowan Street on the East Bank as Oracle Corp. seeks to lay the groundwork for its promised $4.5 ...
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 ...
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 ...
Appetite for loans tied to Oracle's data center partnership with OpenAI has diminished, reflecting concerns over credit risk and AI investment scale.
Metro is prepping for critical infrastructure work on the site of Oracle's future East Bank campus, marking the latest sign ...
Big Red promises 'new era' as long-frustrated contributors weigh whether to believe it Oracle is taking steps to "repair" its ...
Users happy with 19c as experts question AI lock-in Last week, Oracle announced the general availability of Oracle AI Database 26ai Enterprise Edition for Linux x86‑64, but 13-year support for 19c and ...