SoftBank vision fund mulls 20% job cuts after Masayoshi Son’s pivot to AI

SoftBank Group Corp.’s Vision Fund is considering cutting as much as 20% of its staff, a person familiar with the matter said ...

Why does OpenAI need six giant data centers?

On Tuesday, OpenAI, Oracle, and SoftBank announced plans for five new US AI data center sites for Stargate, their joint AI infrastructure project, bringing the platform to nearly 7 gigawatts of ...

Oracle looks to raise $18 billion in debt

Oracle is looking to raise $15 billion in corporate bond sales, Bloomberg News reported on Wednesday, citing people familiar ...

Oracle shuffles execs, Magouyrk, Sicilia to be co-CEOs; Catz to be Executive Vice Chair

Oracle (ORCL) made several management changes on Monday, including naming new CEOs and an Executive Vice Chair of its board ...

Five facts about Oracle's co-CEOs Clay Magouyrk and Mike Sicilia

Oracle named insiders Clay Magouyrk and Mike Sicilia as co-CEOs on Monday, replacing Safra Catz, who was at the helm of the ...

Oracle seeks to raise $15B through corporate bond sale: report

Oracle ( NYSE: ORCL) is working to borrow $15B from the U.S. investment-grade bond market, according to Bloomberg.

Oracle names Magouyrk and Sicilia as CEOs; Catz to become executive vice chair of the board

Oracle has named Clay Magouyrk and Mike Sicilia as CEOs, with current CEO Safra Catz becoming executive vice chair of the ...