Oracle’s revenue has been soaring during the AI boom. The company, a database management specialist, has greatly expanded and ...

Oracle is accelerating data center construction timelines and managing costs. It is justifying its spending by fulfilling highly profitable contracted capacity. Oracle’s cash burn is taking a toll on ...

Oracle reported third-quarter revenue of approximately $17.2 billion in early March, a 22% increase year-over-year. The ...

There’s limited evidence that Oracle is replacing workers with AI en masse—but the company is planning thousands of job cuts while investing tens of billions of dollars in data centers.