Oracle Corp. is preparing to lay off thousands of workers across its business units to ease a cash shortage caused by its aggressive expansion of AI-powered data centres, a Bloomberg report said, ...

Enterprise software giant Oracle is reportedly planning to ax thousands of jobs due to mounting financial pressure from its aggressive push to build AI-focused data centers. The tech powerhouse may ...

Oracle Corp. is planning to ax thousands of jobs, among its moves to handle a cash crunch from a massive AI data center expansion effort. The job reductions will affect divisions across the company ...

Is Oracle Corp.’s reported $300 billion infrastructure deal with OpenAI a sign of robust artificial-intelligence spending for years to come — or an indication that AI players have gotten ahead of ...

We compare the percent change in the results from one period to another period using constant currency disclosure. We present constant currency information to provide a framework for assessing how our ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Oracle’s shares climbed as much as 10 per cent on Tuesday after it posted better than expected earnings and ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Oracle has stepped up preparations to cut jobs over the coming months, as it credits AI with driving ...