Oracle

China’s Tencent leases 100,000 chips from Oracle to accelerate AI push: report

2026-10-01T04:37:03.000Z
As at the end of May, the company had about 49,000 US workers while about 92,000 were employed internationally.

Oracle to spend an additional US$700 million on more job cuts

2026-09-12T07:50:50.000Z
Oracle reported US$28.5 billion in capital expenditures, mostly on data centre equipment, in the three months ended Aug 31.

Oracle’s cloud sales beat estimates as surging AI demand outpaces supply

2026-09-10T22:11:40.000Z
Oracle debt now stands just one notch above junk bond status. 

AI is running on borrowed money

2026-07-19T14:24:22.000Z
Oracle is under financial pressure because of an expensive build-out of AI data centres for customers such as OpenAI.

Oracle cut 21,000 employees in 2026, says AI replaced some jobs

2026-06-22T22:51:36.000Z
Oracle reported total revenue of US$19.18 billion for the fourth quarter.

Oracle’s AI spending blows past estimates, raising worries over growing debt

2026-06-11T02:29:30.000Z
Elon Musk is among the tech executives that have referred to humans as “meat computers”.
NEWS ANALYSIS

To AI executives, we’re all just ‘meat computers’

2026-05-24T16:06:06.000Z
To capture the SME market in Asia-Pacific, Oracle is heavily leveraging its AI Customer Excellence Center in Singapore.

Oracle anchors Apac AI growth through Singapore but layoff concerns loom

2026-05-03T23:00:00.000Z
For Pimco, the deal would be its second jumbo financing for a data centre within the past year, helping the investment firm expand further in private lending.

Pimco weighs US$14 billion debt deal for Oracle data centre

2026-04-08T01:01:27.000Z
Oracle’s cloud business has found major success by providing chip-filled data centres and other equipment for training and deploying AI models.

Oracle posts strong cloud sales growth following AI bookings

2026-03-10T22:21:29.000Z