SEATTLE — Oracle is laying off almost 500 employees in Washington. Oracle is a global tech company that specializes in ...
Oracle is laying off 539 employees at its Kansas City campus as part of a nationwide cut to reallocate resources toward AI ...
Up to 10,000 employees have been impacted by the decision, which Oracle said was part of a "broader organizational change." ...
The cuts come as the software giant invests billions of dollars in expanding its artificial intelligence infrastructure.
Oracle started laying off employees on Tuesday to drive down costs to support its artificial intelligence infrastructure ...
The database giant would be the latest tech company to initiate layoffs as it frees up capital to spend on AI projects.
Oracle's latest results have improved investor confidence as it continues to sign more deals for its AI infrastructure. Oracle has adopted a smart strategy of funding data center expansion efforts ...
Demand for cloud infrastructure is driving the highest growth in Oracle's revenue and adjusted earnings in 15 years. Oracle says new AI customers are adding additional services, creating a "halo ...
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 (ORCL) stock rocketed higher after the company beat Wall Street's expectations on the top and bottom lines for its Q3 earnings on Tuesday and raised its 2027 revenue guidance to $90 billion.
Oracle (ORCL) is down 50% from its OpenAI deal announcement peak and trades at $158.81 vs. Jefferies’ $320 price target. Infrastructure cloud revenue grew 68% in Q2 FY2026, and RPO surged 438% YoY to ...
March 6 (Reuters) - Oracle and OpenAI have abandoned ⁠plans ⁠to expand a flagship ⁠artificial intelligence data center in Texas after negotiations dragged over financing and OpenAI's changing needs, ...