DatacenterDynamics

Oracle nabs $88.1m cloud contract from US Air Force

Oracle's contract comes shortly after Amazon Web Services secured a $581.3m task order and Microsoft a $170m contract, both also part of the Cloud One program. Oracle previously secured a $222.53m ...

Oracle’s US$50b AI Cloud Raise Versus Valuation And Weak Momentum

Oracle plans to raise $45b to $50b through a mix of debt and equity to rapidly expand its cloud infrastructure. The funding is tied to contracted demand from major AI and tech clients including AMD, ...

Oracle to raise up to $50 billion in 2026 for cloud buildup

Oracle Corp. plans to raise $45 billion to $50 billion this year through a combination of debt and equity sales to build ...
Air Force Technology on MSN

Oracle wins $88m task order for US Air Force Cloud One programme

The Air Force Life Cycle Management Center is overseeing the contracting activity.
Network World

Oracle may slash up to 30,000 jobs to fund AI data-center expansion as US banks retreat

Oracle is considering workforce cuts and selling Cerner to alleviate financial pressure, warns investment bank TD Cowen.

Oracle Targets Up to $50 Billion to Fund AI-Driven Cloud Expansion

Oracle Corp. has moved to secure a large pool of capital as it prepares to expand cloud infrastructure capacity tied to accelerating AI d ...

Oracle Plans To Lay Off 20,000 To 30,000 Employees: Report

Oracle expects to raise $45 billion to $50 billion in 2026 to build additional capacity for its cloud infrastructure.