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 ...

Oracle plans to raise between $45 billion and $50 billion this year as it looks to fund its huge bet on cloud computing to power artificial intelligence. About half of that will be in debt, which will ...

Tech major Oracle is reportedly planning to cut as many as 20,000 to 30,000 jobs globally, as the company looks to redirect resources towards building Artificial Intelligence data centres, a report by ...

According to a report by CIO, citing investment bank TD Cowen, Oracle is considering cutting between 20,000 and 30,000 jobs and may also look at selling parts of its business, including Cerner, the ...

Oracle Layoffs: Tech major Oracle is planning to slash up to 30,000 jobs to fund AI data centres, a new report has said. According to a report by CIO citing research published this week by investment ...

Oracle is considering cutting 20,000 to 30,000 jobs and selling some of its activities as US banks pull back from financing the company’s AI data-center expansion, according to investment bank TD ...

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. Every enterprise IT executive faces the same AI paradox: their most valuable data sits ...

Oracle announced a $300 billion, five-year deal in September to supply OpenAI with computing power. Two weeks later, the company raised $18 billion through bonds and notes. Then, just seven weeks ...

Oracle Corporation is upgraded to a buy as valuation hits multiyear lows, despite strong growth momentum. Cloud revenues surged 34% YoY, with Oracle Cloud Infrastructure up 68%, and RPOs soared 438% ...

Oracle addressed customer concentration risk in its latest earnings call. The company pointed to its ability to shift AI computing capacity between customers within hours in the event that a large ...

Larry Ellison’s Oracle is stumbling into the end of the year with its shares taking a beating. The tech firm’s stock has plummeted 30% so far this quarter, CNBC noted Friday. Only four trading days ...