Oracle is cutting up to 12,000 jobs in India as it pivots to AI, with layoffs impacting nearly a quarter of its largest global workforce hub.

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PIMCO bought $10B of Oracle's record $16.3B data centre bond deal after US banks pulled back. The Michigan campus is part of $72B in Stargate infrastructure debt with a 19.5-year maturity.

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Oracle added its name to the list of tech companies doing layoffs along with Meta, Amazon, and Block. The move comes as Oracle expects to spend $50 billion on capital expenditures this year. Stocks ...

Oracle (NYSE: ORCL) became the latest tech company to issue mass layoffs this morning. The legacy tech giant that's currently in the middle of a massive AI infrastructure build-out sent emails to ...

The cuts come as the software giant invests billions of dollars in expanding its artificial intelligence infrastructure.

Oracle is making good progress toward becoming a primary infrastructure provider for artificial intelligence models, which ...

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Oracle is conducting a round of layoffs, two people familiar with the move told CNBC. The layoffs were in the thousands, the people said. The software maker has continued to increase spending on data ...