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Tag:
Oracle
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Oracle’s lenders are close to completing a record US$38 billion loan package for new data centers in Texas and Wisconsin. JP Morgan …
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Artificial Intelligence
Snap Just Slashed 1,000 Jobs Due to AI. Here are Other Tech Giants Who did the Same.
by Editorby EditorSnap Inc. (SNAP) is the latest tech player to jump on the AI efficiency bandwagon. In a letter to staff filed with the Securities …
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Artificial Intelligence
Oracle Layoffs Show AI Data Center Costs Reshaping Big Tech
by Editorby EditorOracle has begun notifying employees about a new round of layoffs that could affect thousands of roles. Shares were down 27% year …
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AI-driven restructuring continues among U.S. big tech companies. According to Business Insider and CNBC on the 31st (local time), U.S. software company …
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Artificial Intelligence
AI Chipmaker Cerebras Namedropped by Oracle, Alongside Nvidia and AMD
by Editorby EditorAs AI chipmaker Cerebras angles for an eventual IPO, the company appears to have landed a significant cloud-computing customer: Oracle. On a conference …
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Artificial Intelligence
Oracle Expected to Slash Thousands of Jobs as Massive AI Spending Creates Financial Cash Crisis
by Editorby EditorEnterprise software giant Oracle is reportedly planning to ax thousands of jobs due to mounting financial pressure from its aggressive push to …
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Artificial IntelligenceCloudGlobal Developments
Lebanon, The Cloud, and The Limits of Sovereignty
by Editorby EditorOn 8 December 2025, Lebanon presented what appeared to be a technical breakthrough. The American company Oracle and Lebanon’s Minister of State …
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Key Takeaways ⇨ Oracle plans to raise $45B–$50B in 2026 to expand Oracle Cloud Infrastructure capacity. ⇨ The financing combines equity issuance …