Oracle has introduced new agentic AI capabilities for its AI Database platform, designed to integrate AI agents directly with operational databases and analytic lakehouses for real-time enterprise ...

Just days after firing 30,000 employees globally, reportedly due to AI-driven cost-cutting, Oracle has appointed Hilary Maxson as its new Chief Financial Officer (CFO) with a massive pay day. While 12 ...

Pacific Investment Management Co. is in discussions with Bank of America (BAC) to help provide ~$14 billion of debt financing for an Oracle Corp. (ORCL) data center in Michigan. The financing would be ...

Pacific Investment Management Co. is in talks with the Bank of America to help provide roughly $14 billion of debt ​financing to build an Oracle data center in Michigan, ‌Bloomberg News reported on ...

As thousands of Oracle employees awoke on Tuesday to an email informing them they were being laid off, the workers likely didn’t know the tech company had been busy trying to hire foreign staff.

But one aspect of the mass layoffs — which were estimated to be as many as 30,000 people — was alerting workers over email at 6 a.m. Eastern that Tuesday would be their last day. It’s not clear if all ...

At Oracle World in Las Vegas in October, Oracle Corp. founder and CEO Larry Ellison got right to the point. “AI changes everything,” Ellison told attendees, and his company’s recent releases have ...

Related Digital is finalizing $16 billion of financing for a giant Oracle Corp. data center, after months of stop-and-start negotiations with investors. The developer has been rounding up cash to ...

An unknown number of Oracle Corp. employees woke up on the morning of March 31 to find an email from their employer informing them that it would be their last day on the job. "We are sharing some ...

Oracle ORCL-0.09%decrease; red down pointing triangle began to significantly reduce its workforce Tuesday while it continues to build out costly data centers for artificial-intelligence development.

Oracle has cut an unspecified number of jobs as the software giant looks to reduce costs and continue growing its artificial intelligence business, according to former employees and multiple reports.

Major Bay Area tech company Oracle announced mass layoffs Tuesday, notifying fired employees in an email at 6 a.m.. The message from one of the world’s largest software companies, chaired by ...