Mint

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

Oracle Layoffs: Tech major Oracle is planning to slash up to 30,000 jobs to fund AI data centres, a new report has said. According to a report by CIO citing research published this week by investment ...
The Financial Express

Oracle planning biggest layoffs in years, to cut 30,000 jobs amid AI data-center funding crunch: Report

According to a report by CIO, citing investment bank TD Cowen, Oracle is considering cutting between 20,000 and 30,000 jobs and may also look at selling parts of its business, including Cerner, the ...
moneycontrol.com

Oracle may slash 30,000 jobs amid struggle to finance AI data centres

Did our AI summary help? Oracle is preparing for what could be one of the biggest job cuts in its history as it struggles to fund an ambitious push into artificial intelligence data centres. According ...
Reuters

Oracle shares gain as $50 billion raise eases data-center funding fears

Feb 2 (Reuters) - Oracle (ORCL.N), opens new tab shares gained 2% on Monday after Wall Street analysts said the software company's $50 billion fundraising plan allays worries over its ability to ...
Zee Business

Oracle layoffs: Tech giant may slash up to 30,000 jobs to fund AI data centres

Oracle layoffs: US tech giant Oracle is reportedly considering up to 30,000 job cuts as rising costs and a funding crunch threaten its massive AI data-centre expansion. The move could free billions in ...
Investing

Banks seek new buyers for Oracle data centre loans- FT

Investing.com -- Banks are looking for new investors to purchase billions of dollars in loans connected to Oracle’s data centre construction projects, the Financial Times reported on Wednesday. At ...
InfoWorld

Snowflake extends Cortex Code CLI to dbt and Airflow to streamline data engineering workflows

By moving Cortex into dbt and Airflow, Snowflake is aiming to eliminate context switching and pull AI closer to production pipelines, analysts say.
13abc

Data center developer asks for six-month extension in Oregon

OREGON, Ohio (WTVG) - The developer of a proposed $2 billion data center told Oregon City Council members he needs a six-month extension before signing a contract with the city, according to media ...
The Business Journals

Data center developer eyes $2B to $20B investment in Weld County site

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The company, which has partnered ...
The Scranton Times-Tribune

Judge tosses settlement between Clifton Twp., data center developer

A Lackawanna County judge vacated a settlement agreement between Clifton Twp. and the developer behind a large proposed North Pocono data center campus, halting the agreement after it excluded the ...
Benzinga.com

Oracle Analyst Ratings

The latest price target for Oracle (NYSE:ORCL) was reported by Morgan Stanley on January 23, 2026. The analyst firm set a price target for $213.00 expecting ORCL to rise to within 12 months (a ...