Oracle has not confirmed how many employees are affected. But investment bank TD Cowen estimates the cuts could total between ...

Oracle started laying off employees on Tuesday to drive down costs to support its artificial intelligence infrastructure ...

Oracle’s stock sinks 57% as the company cuts 30,000 jobs to fund a $10 billion AI push, raising concerns about cash flow, ...

Several workers at the Texas-based tech giant expressed the shock of being part of the downsizing on the social media ...

Oracle saw strong growth in fiscal Q3. More importantly, the company showed it can get a good return on its cloud computing investments. While the stock has been on a roller coaster ride over the past ...

Oracle just delivered a record quarter, with earnings per share and total revenue both up by more than 20% year over year. Management said this was the first time in over 15 years that Oracle ...

April 1 (Reuters) - Data center developer Related Digital is closing in on $16 billion of financing for an Oracle data center ...

March 11 (Reuters) - Oracle (ORCL.N), opens new tab shares surged about 12% on Wednesday after the software giant's upbeat revenue forecast eased concerns over its hefty spending on artificial ...

Much like its peers in the tech industry, Oracle is pouring money into AI infrastructure. In a bid to compete with companies like Amazon and Microsoft, the tech giant inked a lucrative $300 billion ...

Oracle proved the artificial-intelligence doubters wrong on Tuesday as the company beat expectations on revenue and earnings, while disclosing that it doesn’t expect it will need to take on more ...