Oracle is tightening the purse strings to reduce capital needs. They now require for new customers 40% upfront on building infrastructure. Another strategy being explored: requiring customers to buy ...

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.

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

Oracle plans to raise about $45 billion to $50 billion through a mix of equity and debt to expand its AI focused cloud ...

Oracle’s debt-fueled data center expansion has drawn concerns, prompting a sharp sell-off in its stock in recent months. ・Last year, Oracle raised its 2026 capital expenditure view by $15 billion to ...

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.

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

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

Oracle defends its USD 300B OpenAI contract and addresses reports of 30,000 layoffs as it launches a 50B funding plan to ...

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

ChristianaCare faces lawsuit over Oracle Health data breach involving Cerner systems, with patients seeking damages in Delaware federal court.

Oracle remains “committed” to its mission of transforming healthcare, according to Seema Verma, executive vice president and general manager of Oracle Health and Life Sciences. “Whether it is helping ...