A $16B financing for a giant Oracle data center in Michigan has closed, with BofA selling $14B in bonds; Oracle plans to use the campus to power apps for OpenAI
A $16 billion financing for a giant Oracle Corp. data center in Michigan has wrapped after months of stop-and-start negotiations with investors.
Sources: JPMorgan and other banks struggled to spread the risk of billions in loans they made to build data centers leased to Oracle in Texas and Wisconsin
A $16B financing for a giant Oracle data center in Michigan has closed, with BofA selling $14B in bonds; Oracle plans to use the campus to power apps for OpenAI
A $16 billion financing for a giant Oracle Corp. data center in Michigan has wrapped after months of stop-and-start negotiations with investors.
Sources: JPMorgan and other banks struggled to spread the risk of billions in loans they made to build data centers leased to Oracle in Texas and Wisconsin
The AI boom has hit a funding snag, compounding power constraints and a growing public backlash against data centers
Oracle expands its partnership with fuel cell maker Bloom Energy to procure up to 2.8 GW of capacity, after receiving a warrant to purchase $400M of Bloom stock
Oracle is poised to make a quick buck off an investment in Bloom Energy. — On Thursday, Oracle was issued a warrant to purchase …
Oracle reinstates its CFO role, appointing Hilary Maxson after Safra Catz became principal financial officer in 2014, amid investor scrutiny over AI spending
Oracle (ORCL.N) on Monday named Hilary Maxson as its chief financial officer, tapping an executive with deep experience in infrastructure …
Sources: Oracle has cut ~10,000 jobs in India, or ~20% of its Indian workforce, as part of a restructuring that reportedly affects 30,000 employees globally
Oracle has cut around 10,000 jobs in India, sources told ET. This is part of a global restructuring affecting 30,000 employees.
Sources: Oracle is cutting thousands of jobs in its latest layoffs, as the company continues to ramp AI spending; as of May 2025, Oracle employed 162,000 people
Software maker Oracle has started telling employees that it's conducting a round of layoffs, two people familiar with the move told CNBC.
Sources: Oracle is cutting thousands of jobs in its latest layoffs as the company continues to ramp AI spending; as of May 2025, Oracle employed 162,000 people
Software maker Oracle has started telling employees that it's conducting a round of layoffs, two people familiar with the move told CNBC.