When Oracle laid off around 30,000 employees globally on April 1, with a 6 am email, one of those emails landed in the inbox ...

Meta and Microsoft eliminated up to 23,000 positions on the same day. Both reported record revenues. Both are redirecting the savings into AI infrastructure worth hundreds of billions.

Software giants are seeing their worst stock performance in years on fears of AI disruption. Now they have a new problem.

PIMCO bought $10B of Oracle's record $16.3B data centre bond deal after US banks pulled back. The Michigan campus is part of $72B in Stargate infrastructure debt with a 19.5-year maturity.