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The Latest Breaking News from OCI

Oracle layoffs: What severance will you get if laid off? A look at payouts based on your years at the company

Oracle layoffs 2026 : Oracle has begun another round of job cuts affecting numerous employees across its divisions. Affected workers discovered their positions were eliminated on September fourteenth, which mirrored previous layoffs. The company's standard severance plan caps payments at twenty-six weeks of base salary. Many employees with positive performance…

The Economic Times

Oracle layoffs: Long-serving employees along with strong performance ratings are also among those affected; India layoffs may follow

Oracle layoffs: Long-serving employees along with strong performance ratings are also among those affected; India layoffs may follow

Oracle has reportedly begun a new wave of layoffs impacting staff throughout the United States. Those affected were shocked to find their jobs eliminated when they lost access to internal systems on September 14th. Cuts were noted in various departments, such as OCI security and NetSuite sales. Employees were surprised…

The Economic Times

Quantinuum’s Cloud Deal With Oracle Sends Clear Message on Hybrid AI

Quantinuum’s Cloud Deal With Oracle Sends Clear Message on Hybrid AI

Quantinuum is putting its Helios quantum computer inside Oracle Cloud, pairing quantum power with AI as revenue and bookings surge in Q2.

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Oracle, Quantinuum partner to bring quantum computing to cloud

Under the deal, Oracle Cloud Infrastructure customers will gain access to Quantinuum's Helios quantum computer through OCI's quantum service, allowing them to combine quantum computing with Oracle's graphics-processing and high-performance computing services.

The Economic Times

India has better chance to qualify if FIFA World Cup expanded to 64 teams: Bhaichung Bhutia

FIFA's potential 64-team World Cup expansion offers India better qualification chances. This move could compromise the overall quality of the games played. Bhaichung Bhutia believes the women's team has a better chance to qualify. He also supports OCI and PIO players joining the national team. Long-term development remains crucial for…

The Economic Times

Not mandatory for ISL clubs to sign Overseas Citizen of India players: All India Football Federation

The All India Football Federation has clarified OCI player signings are optional. Clubs are encouraged but not mandated to enlist Overseas Citizen of India players. The federation also stated that an Indian striker requirement is now optional. This decision follows discussions with Indian Super League teams regarding league operations. AIFF…

The Economic Times

WEKA and Oracle Cloud Infrastructure Validate 10x Throughput Gains for Long-Context AI Inference

CAMPBELL, Calif., June 10, 2026 /PRNewswire/ -- WEKA, the AI data and memory infrastructure company, today announced production-scale benchmarks that show how organizations can improve the economics of long-context AI inference by serving more users and tokens on the same GPU footprint. The benchmarks show that WEKA's NeuralMesh™ platform with…

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OCI Global Announces Sale of 50% of OCI Nitrogen to AGROFERT

AMSTERDAM, June 1, 2026 /PRNewswire/ -- OCI Global (Euronext: OCI) ("OCI" or the "Company") today announces that it has reached an agreement to divest 50% of its equity interest in Nitrogen Intermediate Holding B.V. (which owns 100% of "OCI Nitrogen" or "OCIN") to AGROFERT, a.s. ("AGROFERT"), a European nitrogen products…

OCI Global Q1 2026 Trading Update

AMSTERDAM, May 30, 2026 /PRNewswire/ -- Hassan Badrawi, CEO of OCI Global: "During the first quarter, OCI made continued progress in executing its strategic priorities, including the completion of the sale of OCI Ammonia Holding to AGROFERT, the handover of Beaumont New Ammonia to Woodside, and the monetisation of our…

New Aadhaar card rules 2026: UIDAI expands document list for enrolment; simplifies rules for children; sets Aadhaar validity period for OCI, LTV, foreigners

New Aadhaar card rules 2026: UIDAI expands document list for enrolment; simplifies rules for children; sets Aadhaar validity period for OCI, LTV, foreigners

The Unique Identification Authority of India has updated Aadhaar enrolment and correction rules. New regulations expand accepted documents for Aadhaar applications. Enrolment for children and vulnerable groups becomes simpler. Rules for foreigners are now clearer. These changes aim to modernize Aadhaar processes and improve accessibility for all citizens.

The Economic Times

Oracle Fans Love the New TikTok Deal. But Does It Really Change the Bull Case for ORCL Stock?

Oracle Fans Love the New TikTok Deal. But Does It Really Change the Bull Case for ORCL Stock?

The Larry Ellison-led company is finally set to own a stake in the popular social media platform owned by the Chinese.

HC raps MHA for ‘distorted’ paperwork in Reuters journalist’s OCI case

HC raps MHA for ‘distorted’ paperwork in Reuters journalist’s OCI case

Hearing the case of Reuters journalist Raphael Satter, whose Overseas Citizen of India (OCI) card was revoked in December 2023, the Delhi High Court reportedly pulled up the Ministry of Home Affairs’ counsel for inadequate paperwork. According to Bar and Bench, the judge said, “Your officers have completely distorted it.”

Oracle And Nvidia Team Up To Power Abu Dhabi's Push For 'Sovereign AI'

Oracle And Nvidia Team Up To Power Abu Dhabi's Push For 'Sovereign AI'

Oracle Corp (NYSE:ORCL) is supercharging its Abu Dhabi cloud region with the Middle East's first Nvidia Corp (NASDAQ:NVDA)-powered Oracle Cloud Infrastructure (OCI) Supercluster.

Nvidia might dominate the industry, but Oracle is still betting on AMD chips for its superclusters

Nvidia might dominate the industry, but Oracle is still betting on AMD chips for its superclusters

50,000 MI450 GPUs will power Oracle’s next supercluster, 131,072 MI355X GPUs go into its zettascale Supercluster.

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Oracle has just unveiled the “largest AI supercomputer in the world” – and it really is huge

OCI Zettascale10 will have up to 800,000 Nvidia GPUs, but this is only the foundation of OpenAI’s Project Stargate.

Absci Boosts AI-Powered Drug Discovery With Oracle And AMD Collaboration

Absci Inc. (NASDAQ:ABSI) on Thursday collaborated with Oracle Corporation’s (NASDAQ:ORCL) Oracle Cloud Infrastructure (OCI) and AMD Inc. (NASDAQ:AMD) to accelerate generative AI-driven drug discovery.

Layoffs For AI: Oracle Pulls A Meta—Will Investors Buy The Efficiency Story?

Oracle Corp (NYSE:ORCL) is cutting staff, and investors are already sizing up the playbook: is this the lean efficiency of a cloud titan, or a warning flag in disguise? Roughly 10% of its Oracle Cloud Infrastructure (OCI) workforce in India has been let go, a move the company frames as…

Oracle can now sell Gemini models following major Google Cloud deal

Oracle Cloud Infrastructure customers can now access Gemini models as it builds a multi-vendor strategy.

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Bloom Energy Stock Jumps On Deal To Power Oracle's AI Data Centers

Shares of Bloom Energy Corp (NYSE:BE) are surging Thursday morning after the company announced a collaboration with Oracle Corp (NYSE:ORCL). Bloom will deploy its proprietary fuel cell technology to provide onsite power for select Oracle Cloud Infrastructure data centers across the U.S.

Byju Raveendran held guilty of contempt by US court, civil sanctions imposed

Byju Raveendran, the co-founder of ed-tech giant BYJU’s, was held guilty of contempt by the Delaware Bankruptcy Court in the US on Monday, July 7. The court also imposed civil sanctions worth USD 10,000 per day on him beginning July 1. Byju had maintained that the Delaware court does not…

Making every second count - how Oracle is keeping Red Bull Racing at the top of the Formula 1 game

Oracle and Red Bull Racing partnership continues to go from strength to strength.

Why Is xAI Moving Grok to Oracle Cloud?

xAI and Oracle have partnered to bring Grok models to the Oracle Cloud Infrastructure (OCI), making them available through Oracle's Generative AI

The Independent UK

Death, violence and endless delay: Inside Africa’s most troubled energy project

IN FOCUS: Africa’s largest natural gas project was expected to drive Mozambique’s economy to new heights. The reality has been far different, writes Nick Ferris

The Guardian - UK

UK windfall tax can fund switch to green jobs for North Sea oil workers – report

Exclusive: Campaigners call for energy profits levy to be made permanent to enable ‘just transition’ from fossil fuels

The Future of Peoplesoft Embraces Cloud Native Technologies

Customer application development has shown that cloud-native structures deliver improved operational efficiency and unlimited growth capabilities and reduced operational expenses. A discussion follows about cloud-native transformations of PeopleSoft systems with attention to containerization and cloud migration and micro services along with AI-based automation.

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