Oracle layoffs: AI pivot triggers 10,000 job cuts in India

Oracle has cut around 10,000 jobs in India, sources told ET. This is part of a global restructuring affecting 30,000 employees. The company is reducing roles in its tech divisions. Oracle Financial ...
Analytics Insight

OpenAI Growth Concerns Trigger Sell-Off in Oracle and CoreWeave Stocks

Oracle and CoreWeave stocks witnessed a surprise dip after a report flagged slower growth at OpenAI. The report pointed out ...
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Oracle’s $300B AI bet strains banks and triggers mass layoffs

Oracle’s $300 billion AI infrastructure deal with OpenAI has left U.S. banks struggling to manage exposure limits while the ...
Crowdfund Insider

Chainlink Oracle Mishap Triggers $500K DeFi Liquidation, Sparks Debate

A recent incident involving Chainlink’s oracle system has rocked the decentralized finance (DeFi) community. On May 29, 2025, over $500,000 in user funds were wiped out on the Avalanche-based Euler ...