Oracle plans thousands of layoffs as it ramps AI data center spending and targets $45–$50B for cloud capacity.

Oracle is considering cutting 20,000 to 30,000 jobs and selling some of its activities as US banks pull back from financing the company’s AI data-center expansion, according to investment bank TD ...

What To Know: Reports last week indicated a consortium led by Oracle and including private equity firm Silver Lake and UAE-backed investor MGX have reportedly agreed to acquire a minority stake in ...

The U.S. Cybersecurity and Infrastructure Security Agency (CISA) on Friday added a critical security flaw impacting Oracle Identity Manager to its Known Exploited Vulnerabilities (KEV) catalog, citing ...

ABILENE, Texas, Sept 23 (Reuters) - OpenAI, Oracle (ORCL.N), opens new tab and SoftBank (9984.T), opens new tab on Tuesday announced plans for five new artificial intelligence data centers in the ...

Vinish Kapoor is an Oracle ACE Pro, software developer, and founder of Vinish.dev, known for his expertise in Oracle. Vinish Kapoor is an Oracle ACE Pro, software developer, and founder of Vinish.dev, ...

LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, management and innovation solutions, and the leading third-party support ...

Oracle ORCL stands at a critical juncture as its stock trades at a price-to-earnings multiple of 36.7 times, significantly above its historical average of 26.8 times over the past decade, and the ...

Kovitz Investment Group Partners, LLC, an investment management company, released its “Kovitz Core Equity Strategy” second-quarter 2025 investor letter. A copy of the letter can be downloaded here. In ...

Multiple news outlets have confirmed that the eye-popping, $30 billion-a-year contract that Oracle revealed earlier this week is with artificial intelligence company OpenAI. It was already known that ...