Investment bank TD Cowen claims Oracle is evaluating “multiple paths” to finance its massive AI datacenter build-out, including cutting 20,000 to 30,000 jobs and potentially selling its health tech unit, Cerner, the Register reports. The financial pressure stems from Oracle’s $300B contract with OpenAI, which requires an estimated $156B in capital spending for GPUs and infrastructure—a burden that has spooked U.S. debt investors. Oracle bought the electronic health record (EHR) giant in June 2022 to pivot the company toward healthcare data. Selling it now would be a stunning reversal, effectively admitting that the healthcare strategy must be sacrificed to feed the AI beast.
Read the full article: Oracle May Cut 30K Jobs and Sell Cerner to Fund $156B OpenAI Deal //
Source: https://hitconsultant.net/2026/01/30/tech-business-oracle-layoffs-cerner-sale-openai-financing-crisis/