Oracle

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
To capture the SME market in Asia-Pacific, Oracle is heavily leveraging its AI Customer Excellence Center in Singapore.

Oracle anchors Apac AI growth through Singapore but layoff concerns loom

2026-05-03T23:00:00.000Z
For Pimco, the deal would be its second jumbo financing for a data centre within the past year, helping the investment firm expand further in private lending.

Pimco weighs US$14 billion debt deal for Oracle data centre

2026-04-08T01:01:27.000Z
Oracle’s cloud business has found major success by providing chip-filled data centres and other equipment for training and deploying AI models.

Oracle posts strong cloud sales growth following AI bookings

2026-03-10T22:21:29.000Z
Oracle has been rapidly filling buildings on the site with servers, which are used by OpenAI to train and deploy its products.

Oracle and OpenAI end plans to expand flagship data centre

2026-03-07T02:32:28.000Z
Oracle disclosed in a filing in September that it was planning its largest-ever restructuring, which will cost as much as US$1.6 billion in the current fiscal year ending in May.

Oracle plans thousands of job cuts in face of AI cash crunch

2026-03-05T22:30:07.000Z
Oracle said it plans to achieve its funding objectives by using a combination of debt and equity financing.

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

2026-02-02T01:52:46.000Z