Oracle is reportedly planning to cut up to 30,000 jobs as the company looks for cash to fund its costly AI data centre expansion.

Oracle expects to raise $45 billion to $50 billion in 2026 to build additional capacity for its cloud infrastructure.

Overview Oracle shares fell nearly 1% as reports of large job cuts worried investors.Funding stress around AI data centres raised doubts over Oracle’s expansion ...

Oracle’s quarterly earnings topped expectations, but revenue came up short. Investors have question whether the company’s artificial intelligence investments are justified. Oracle picked up ...