What we know so far: Oracle is preparing for another wave of job cuts as part of a major restructuring plan, even as it ramps up investment in artificial intelligence and cloud infrastructure. The ...

Shares of Oracle (ORCL) jumped about 10% premarket on Wednesday after fiscal third-quarter results and outlook beat estimates and drew positive reactions from analysts. J.P. Morgan upgraded Oracle's ...

Oracle's AI data center strategy boosts revenue forecast to $90 billion by 2027 RPO grows 325% YoY to $553 billion in Q3, surpassing estimates Oracle's cloud margins expected to improve with database ...

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. 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 Corporation is preparing to implement a mass layoff that could affect thousands of employees across several divisions, according to a Bloomberg report. The job cuts may begin as soon as this ...

Oracle Corp. is planning to ax thousands of jobs, among its moves to handle a cash crunch from a massive AI data centre expansion effort. Oracle Chairman Larry Ellison. Last month, Oracle said that it ...

Oracle's Ashburn data center went down, taking TikTok with it US users were experiencing issues posting content on the app This is Oracle's second TikTok blunder since it took partial ownership After ...

Oracle is losing several leaders in its health records division, Bloomberg reported March 2. According to Bloomberg, each executive previously worked in Oracle’s cloud infrastructure division before ...

Oracle shares have been battered as investors worry about the company’s debt levels and whether OpenAI will follow through on its commitments, but some analysts now see a buying opportunity. “The ...

Oracle is actively promoting its AI data center progress and job creation efforts amidst significant investor concerns. The company's massive $300 billion OpenAI cloud contract, signed in September ...