The new facility will help organisations across Australia and Oceania navigate technology challenges and turn AI ...
Tech layoffs are rising in 2026 as AI investment surges. Here’s what’s really driving the cuts — and why AI may not be the ...
March 31 (Reuters) - Cloud computing firm Oracle is laying off thousands of employees, CNBC reported on Tuesday, citing two ...
Oracle has ratcheted up its capital expenditures as it builds data center infrastructure that can handle AI workloads.
Oracle reportedly cut thousands of jobs on March 31 to cut costs as its AI projects grow. Oracle stock rose 5% after the news ...
Oracle surpassed estimates for the quarter, and lifted its guidance for fiscal 2027 revenue. During the quarter, Oracle announced plans to raise $45 billion to $50 billion in the fiscal year to expand ...
Oracle called recent news reports about Abilene's Stargate data center "false and incorrect" this week. Media reports surrounding the expansion of the artificial intelligence data center indicated a ...
Oracle (ORCL) will report its third quarter earnings after the bell on Tuesday, amid reports that the company has axed plans to expand an AI data center with OpenAI (OPAI.PVT) and that it’s preparing ...
Oracle shares rose more than 7% in postmarket trading after the cloud-computing company posted higher quarterly revenue and raised its sales outlook for fiscal 2027. The company's results indicate ...
Oracle has surprised the Wall Street on March 10 by reporting its best fiscal quarter in 15 years. Revenue for the third quarter of fiscal; 2026 has increased 22% to $17.2 billion, while the cloud ...
Up to 10,000 employees have been impacted by the decision, which Oracle said was part of a "broader organizational change." ...
Oracle today announced new agentic AI innovations for Oracle AI Database that will help customers rapidly build, deploy, and scale secure agentic AI applications that are suitable for full-scale ...
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