Oracle stock seesaws as company plans to raise up to $50 billion for AI infrastructure

As of Friday, Oracle shares had dropped more than 50% from last year's high, but were once again rising by Monday morning.

Under investor pressure, Oracle may cut 30,000 jobs to bankroll AI infrastructure: Report

While Oracle has not confirmed that it is conducting layoffs, it would not be the first tech giant to slash jobs in response ...
Verdict on MSN

Oracle to raise up to $50bn for cloud infrastructure buildout

The company will use a mix of equity and debt to fund cloud expansion for major technology clients.

Oracle outlines plan to raise $50 billion in debt and equity for 2026

Oracle is planning to raise $50 billion through a combination of debt and equity in 2026, to fund the expansion of its cloud infrastructure for major AI clients.

Oracle Layoffs: Why The Tech Giant May Cut 20,000–30,000 Jobs

Oracle may cut up to 30,000 jobs as it looks to fund aggressive AI data centre expansion and manage mounting cloud ...
The Kenya Times on MSN

Details of Kenyan company selected to host Oracle Cloud Infrastructure region

A data centre firm based in Kenya has been selected to host the first Oracle Cloud Infrastructure (OCI) region in the country ...
Gulf Times

MCIT, Oracle sign agreement to expand dedicated cloud regions

The Ministry of Communications and Information Technology (MCIT) and Oracle have signed an agreement to renew the technical s ...