Oracle is reportedly planning to cut jobs over the next coming months. According to a report by Financial Times, the company’s filing with the US Securities and Exchange Commission recently revealed a ...

Oracle stock popped as the company reported strong fiscal third-quarter earnings and reassured investors about its AI cloud computing plans. CEO Clayton Magouyrk touted Oracle's ...

Oracle's third-quarter cloud infrastructure revenue surged 84% year over year, accelerating significantly. The software giant's remaining performance obligations climbed to a staggering $553 billion.

Oracle Reportedly Planning Thousands of Job Cuts Amid Massive AI Spending Your email has been sent Oracle is reportedly preparing to cut thousands of jobs as the tech giant pours billions of dollars ...

Oracle Corp. and OpenAI have scrapped plans to expand a flagship artificial intelligence data center in Texas after negotiations dragged over financing and OpenAI’s changing needs. The collapsed talks ...

Oracle shares jumped 9.2%, snapping a three-day losing streak, after the company reported strong demand for cloud computing to train and run artificial intelligence. Earlier in the day, Oracle was up ...

Oracle has called reports of scrapping its Texas data centre expansion with OpenAI "false and incorrect," saying it and developer Crusoe are "operating in lockstep" at the Abilene site. The response ...

The race to build an AI ecosystem has propelled massive investments and brought the most unlikely players to the table. Oracle, the legacy enterprise software company launched in 1977 by co-founder ...

Connecting the dots: Will Oracle be the first major company to falter amid the looming AI bubble? Analysts are scrambling to interpret what is really happening at the cloud giant, as co-founder Larry ...

Oracle ORCL1.71%increase; green up pointing triangle will spend $500 million more on restructuring costs in the current fiscal year than previously reported as artificial-intelligence models allow the ...