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Tag: symbol: C

Oracle Plans a Capital Raise of Up to Billion to Boost its AI Cloud Buildout as Nvidia, OpenAI and Meta Drive Explosive Demand – Oracle (NYSE:ORCL)
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Oracle Plans a Capital Raise of Up to $50 Billion to Boost its AI Cloud Buildout as Nvidia, OpenAI and Meta Drive Explosive Demand – Oracle (NYSE:ORCL)

Oracle Corp. (NYSE:ORCL) is reportedly preparing a massive capital raise of up to $50 billion to accelerate its cloud infrastructure expansion. Oracle is targeting up to $50 billion to expand cloud capacity On Sunday, Oracle said it plans to raise $45 billion to $50 billion in 2026 to build additional capacity for its cloud infrastructure. […]

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Gene Munster Says C-Suite Can’t Openly Talk About AI Job Cuts After Anthropic CEO Warns Unemployment Could Reach 10%: ‘Hard to Talk About’ – Amazon.com (NASDAQ:AMZN)
Business

Gene Munster Says C-Suite Can’t Openly Talk About AI Job Cuts After Anthropic CEO Warns Unemployment Could Reach 10%: ‘Hard to Talk About’ – Amazon.com (NASDAQ:AMZN)

On Friday, Deepwater Asset Management managing partner Gen Munster said executives find it difficult to discuss AI-driven job cuts. Munster highlights C-suites’ reluctance on AI and job cuts Take to XMunster said: “One truth about AI’s impact on the workforce is that it’s hard to talk about.” He noted that earlier this week in Davos, […]

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