Oracle

Oracle scraps US$7 billion deal to lease chips to Tencent under Trump pressure, FT reports

2026-11-04T06:47:24.000Z
Oracle said it would use the proceeds for general corporate purposes.

Oracle taps investors for US$20 billion to finance AI expansion

2026-11-03T01:25:04.000Z
Several investors said they worried about whether hyperscalers would even need to lease space from CoreWeave in the future.

Cracks emerge in AI borrowing boom as CoreWeave, Oracle and SoftBank debt worries grow

2026-10-18T06:58:51.000Z
Tencent recently released a preview version of its new AI image-generation model for professional creators.

China’s Tencent leases 100,000 chips from Oracle to accelerate AI push: report

2026-10-01T04:37:03.000Z
As at the end of May, the company had about 49,000 US workers while about 92,000 were employed internationally.

Oracle to spend an additional US$700 million on more job cuts

2026-09-12T07:50:50.000Z
Oracle reported US$28.5 billion in capital expenditures, mostly on data centre equipment, in the three months ended Aug 31.

Oracle’s cloud sales beat estimates as surging AI demand outpaces supply

2026-09-10T22:11:40.000Z
Oracle debt now stands just one notch above junk bond status. 

AI is running on borrowed money

2026-07-19T14:24:22.000Z
Oracle is under financial pressure because of an expensive build-out of AI data centres for customers such as OpenAI.

Oracle cut 21,000 employees in 2026, says AI replaced some jobs

2026-06-22T22:51:36.000Z
Oracle reported total revenue of US$19.18 billion for the fourth quarter.

Oracle’s AI spending blows past estimates, raising worries over growing debt

2026-06-11T02:29:30.000Z
Elon Musk is among the tech executives that have referred to humans as “meat computers”.
NEWS ANALYSIS

To AI executives, we’re all just ‘meat computers’

2026-05-24T16:06:06.000Z