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Oracle denies report that security concerns killed potential $3 billion Microsoft cloud deal

Negotiations between Microsoft Corp. MSFT and Oracle Corp. ORCL regarding the leasing of Oracle’s cloud infrastructure reportedly came to a halt due to security and compliance issues. The objective ...
Reuters

Oracle denies report on OpenAI data center delays

Oracle denies delaying OpenAI data centers to 2028 due to shortages Investors worried about Oracle's debt-fueled AI infrastructure buildout Market sensitive to AI delays, scrutinizing spending payoffs ...
The Financial Express

Oracle planning mass layoffs as AI spending turns cash flow negative: Report

Oracle Corp. is preparing to lay off thousands of workers across its business units to ease a cash shortage caused by its aggressive expansion of AI-powered data centres, a Bloomberg report said, ...