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ORACLE CLOUD INFRASTRUCTURE
Oracle begins new round of layoffs: Logins stopped by 4 a.m., Slack disconnected by 5:30 a.m., then came the dreaded ‘6 a.m. email’; more job cuts likely in IndiaOn September 14, Oracle commenced yet another wave of considerable layoffs, revealing a stringent approach to workforce management. Notific...
Trump administration to lend $100 million to Africell, countering Huawei in AfricaThe United States will lend nearly one hundred million dollars to Africell. This loan aims to counter China's Huawei expansion in Africa. A...
UAE revises AI data center plan after Iranian attacks, sources sayIn light of recent attacks linked to Iran, the UAE is re-evaluating its extensive AI data center project. Officials are contemplating distr...
Oracle earnings show slower cash burn as AI spending starts to pay off; stock jumps 4% after marketOracle’s latest earnings offered investors relief as stronger-than-expected revenue and a smaller cash burn eased concerns over its heavy A...
Oracle shares rally: Can strong AI demand sustain Oracle’s stock surge?Oracle shares jumped after the company beat quarterly revenue and earnings estimates, while cloud infrastructure revenue more than doubled ...
Oracle tops estimates as AI demand tempers cash-burn fearsShares of the company, which have slumped more than 21% this year, rose 4% in extended trading after Oracle reported a jump in revenue back...
AI chip startup Positron's valuation skyrockets in latest funding roundThe rapidly growing AI inference market, focused on running trained AI models, has become a key battleground as companies develop specializ...
Oracle earnings: AI growth, OpenAI deal and $20 billion funding planOracle's upcoming earnings will put its AI cloud growth, massive $638 billion backlog and funding requirements under the spotlight. Investo...
Adobe’s next boss joins a powerful club: Meet the Indian-origin CEOs running the world’s biggest companiesAdobe’s next CEO Anil Chakravarthy is joining a powerful club. From Microsoft and Google to Chanel, FedEx and Micron, Indian-origin executi...
Can Big Tech’s $1-trillion AI bet pay off? Jefferies explains why it remains bullishJefferies remains bullish on Big Tech’s $1-trillion AI investment despite near-term financial pressure. Rising customer backlogs, strong cl...
AI startup Crusoe valued at $30 billion after new fundingSeparately, the startup has signed a five-year cloud contract with trading firm Jane Street Group valued at around $13 billion, Bloomberg ...
Oracle layoffs 2026 September 1 update: US employees ‘watch’ Slack counts after no 6 AM job-cut email — when could layoffs happen?Oracle layoffs 2026: The dreaded 6 am layoff email failed to arrive on September 1, leaving Oracle employees across the US and India watchi...
Oracle 6 a.m. layoff notice: Will more employees get this letter on September 1 that 30,000 received on March 31 morning?On March 31, Oracle executed a massive layoff, affecting thousands of employees worldwide. Notices were sent through email, indicating that...
Oracle layoffs September 1: Will employees wake up to another ‘6 a.m. email’ tomorrow after 21,000 jobs were cut as AI spending soars?Oracle layoffs 2026: Employees are reportedly bracing for another round of job cuts after Oracle eliminated around 21,000 positions earlier...
Next market winners: Jefferies sees potential in data centers as hyperscalers race for AI capacityHyperscalers are accelerating data-centre leasing as power constraints and lengthy development timelines limit supply. North American non-c...
AI data centre firm AMI orders 9,000 Nvidia Vera Rubin chipsAM Intelligence (AMI), promoted by Greenko founders, has ordered 9,000 Nvidia Vera Rubin chips as it builds a 5GW global data centre networ...
- Samsung, SK Hynix stand to benefit as Nvidia AI server costs surge
Server manufacturers notified major data center customers, including Microsoft, Google, and Oracle, that prices for Nvidia-based AI systems...
Oracle layoffs August 2026 update: Which employees are at ‘high risk’ as fresh cuts loom and what could the severance package look like?Oracle layoffs 2026: Oracle layoffs could be back, with some teams reportedly facing double-digit cuts as employees worry about job securit...
Countdown started: Oracle employees may be staring at another '6 am layoff notice' on September 1Oracle is allegedly gearing up for a new phase of job cuts, with managers instructed to pinpoint roles for elimination by September 1. This...
Oracle isn't alone: These companies have layoffs scheduled for September 2026 as AI, restructuring and cost-cutting reshape jobsIn September 2026, several prominent companies are set to implement significant workforce reductions. Both Oracle and Pinterest are letting...