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Oracle

Oracle is under financial pressure because of an expensive build-out of AI data centres for customers such as OpenAI.

Telcos, Media & Tech

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

The company’s headcount is now slightly lower than it was before buying Cerner in 2022

Oracle reported total revenue of US$19.18 billion for the fourth quarter.

Telcos, Media & Tech

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

Analysts highlight investor concerns over rising debt and negative free cash flow

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’

This comparison has not landed well with a public anxious about the artificial intelligence future

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

Companies & Markets

Oracle anchors Apac AI growth through Singapore but layoff concerns loom

SMEs operating in Asia is a main growth driver as many of them route their operations through Singapore

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.

Companies & Markets

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

Bank of America has spent months trying to assemble the financing for Related Digital, the developer behind the project

Oracle’s cloud business has found major success by providing chip-filled data centres and other equipment for training and deploying AI models.

Telcos, Media & Tech

Oracle posts strong cloud sales growth following AI bookings

The company is working to deliver on massive cloud infrastructure contracts with customers

Oracle has been rapidly filling buildings on the site with servers, which are used by OpenAI to train and deploy its products.

Telcos, Media & Tech

Oracle and OpenAI end plans to expand flagship data centre

Both companies are using Nvidia’s AI semiconductors at the Stargate site

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.

Telcos, Media & Tech

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

The high up-front costs of AI have fuelled cuts across the tech industry

Oracle said it plans to achieve its funding objectives by using a combination of debt and equity financing.

Telcos, Media & Tech

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

The software company wants to expand its cloud infrastructure

The Warner Bros studio lot in Burbank. Paramount and Netflix have been vying to win control of the company, and with it, its prized film and television studios and its extensive content library.

Global Enterprise

Warner Bros rejects revised Paramount bid, sticks with Netflix

The offer hinges on ‘extraordinary amount of debt financing’ that heightens risk of closing, the board tells shareholders

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