March 6 (Reuters) - Oracle and OpenAI have abandoned plans to expand a flagship artificial intelligence data center in Texas ...
March 5 (Reuters) - Enterprise software company Oracle is planning thousands of job cuts as it faces a cash crunch from a ...
Oracle is reportedly planning thousands of layoffs as it pours billions into AI data centers, raising investor concerns over ...
Some of the cuts will be aimed at job categories that the company expects it will need less of due to AI, two of the people ...
Investors have grown worried about how it would fund the data center expansion needed to serve customers including OpenAI, Elon Musk's xAI and Meta.
While Oracle has traditionally been viewed as a legacy database provider, its aggressive pivot toward Oracle Cloud Infrastructure (OCI) has sparked a ...
Enterprise software company Oracle is planning thousands of job cuts as it faces a cash crunch from a massive AI data center expansion effort, Bloomberg News reported Thursday. Long a smaller ...
RedStone deploys enterprise oracles on Stellar mainnet, providing DeFi developers with real-time BTC, ETH, USDC price feeds ...
Oracle ORCL shares rose more than 10% on Feb. 9, posting its biggest daily gain since last September, after a sell-side competitor issued a more favorable rating. Despite the rally, Oracle stock was ...
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Oracle last reported an employee count of about 162,000 in May 2025. About 31 percent of those employees were in research and ...
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