Oracle announces agentic AI capabilities for Oracle AI Database, including Private Agent Factory, Deep Data Security, and ...
Oracle began laying off thousands of employees on 31 March 2026 via 6 a.m. termination emails across the US, India, Canada, ...
The cuts come as the software giant invests billions of dollars in expanding its artificial intelligence infrastructure.
Oracle (ORCL) down 22% YTD to $151.56 despite $523B in Remaining Performance Obligations up 438% and multicloud database up 817%. Nvidia (NVDA) data center revenue $62.31B up 75%, Broadcom (AVGO) AI ...
Investor Michael Burry, in a post on X on Tuesday, claimed that OpenAI backed out of a major data centre arrangement with Oracle because it preferred a different generation of chips from Nvidia.
Enterprise software giant Oracle is reportedly planning to ax thousands of jobs due to mounting financial pressure from its aggressive push to build AI-focused data centers. The tech powerhouse may ...
Stargate's Texas data center expansion to 2GW could be axed, capping it at 1.2GW The Abilene campus has already faced a number of challenges OpenAI may want to focus on accommodating newer chips ...
Oracle's overall revenue increased 22% year over year in the fiscal third quarter, which ended on Feb. 28, according to a ...
Oracle stock popped as the company reported strong fiscal third-quarter earnings and reassured investors about its AI cloud computing plans. CEO Clayton Magouyrk touted Oracle's ...
Oracle began laying off up to 30,000 employees globally, notifying them via a 6 a.m. email from "Oracle Leadership" with no prior warning from HR or managers.