Oracle chases $50 billion for AI build-out as doubts mount on Wall Street

The software giant wants to expand its cloud infrastructure, even as its stock trails and investor concerns deepen.

Oracle's credit default swaps are plummeting as financing plan boosts investor confidence

Oracle's 5-year credit default swaps are tumbling after the company announced a $50 billion debt and equity financing plan.

Oracle Is Raising Billions to Fund Its AI Buildout. Today, Investors Are Cheering

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 ...
The Register on MSN

Oracle's first general on-prem release of its .ai database iteration draws skeptics

Users happy with 19c as experts question AI lock-in Last week, Oracle announced the general availability of Oracle AI ...

Oracle Reportedly Considering 30,000 Job Cuts to Fund AI Data Centre Expansion

Oracle is reportedly planning up to 30,000 job cuts due to US banks refusing to finance its AI data centre buildout.

Oracle says it plans to raise up to $50 billion in debt and equity this year

Oracle expects to raise $45 billion to $50 billion in 2026 to build additional capacity ​for its cloud infrastructure, the ...
GitHub

Simple Database Archival Solution

Simple Database Archival Solution (SDAS) is an open source solution, which you can deploy in your AWS account to archive data to AWS. SDAS will connect to your database which can be on premises or in ...

Who bought TikTok? What to know about a Florida billionaire, Oracle

Here's which companies and investors own TikTok, who owns Oracle, and what to know about the app's new terms and conditions.