Oracle is ditching a contentious plan to construct a natural gas plant to power one of its newest data centers. Instead, Oracle said last week that it will partner with fuel-cell maker Bloom Energy to ...
After a massive round of layoffs in 2025, Tech giant Oracle has again cut thousands of its employees, including hundreds of workers at four California offices. On March 31, more than 700 employees ...
A few weeks after wide speculation that HR tech giant Oracle was eyeing a massive reduction in force to help fund its AI ventures, layoff notices started hitting this week. According to reports, ...
Oracle stock rose 6% as the cloud-computing and database company began to reduce its work force. The cuts come as Oracle builds out costly data centers for artificial-intelligence development. The ...
Oracle is conducting a round of layoffs, two people familiar with the move told CNBC. The layoffs were in the thousands, the people said. The software maker has continued to increase spending on data ...
Oracle's big gamble is that it can transition from its traditional wheelhouse of database and software-as-a-service (SaaS) solutions into a massive AI infrastructure hyperscaler (i.e., operator of ...
Oracle's quarterly revenue jumped 22% year over year to $17.2 billion, exceeding the $16.9 billion Wall Street estimate. The company's non-GAAP earnings growth of 21% to $1.79 was a bigger surprise, ...
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, ...
As the war grinds on, sophisticated Russian defenses have pushed Ukraine to develop a frightening new weapon: semiautonomous killing machines. By C.J. Chivers This story was reported over the course ...