The Larry Ellison-led software giant is remaking its cloud infrastructure to rival Amazon and Microsoft.
Oracle is scheduled to report its fiscal third-quarter financial results after the market closes on Tuesday. Here is what to know. REVENUE: The software and cloud-computing company is expected to ...
Oracle’s stock has been pressured over concerns about whether its AI spending will yield the necessary returns.
Oracle Corporation is considering cutting up to 30,000 jobs to fund its AI infrastructure expansion, according to a report by ...
The Hurun Global Rich List 2026 reports that the number of billionaires worldwide has crossed 4000 for the first time.
Oracle is betting heavily on AI data centers. The company's business has become alarmingly overexposed to one major client: ...
Last year, Oracle (NYSE:ORCL) announced a massive, $500 billion data center project in Texas that signed on major AI stocks as partners. The Stargate initiative was positioned as a transformative leap ...
ORACLE and OpenAI have abandoned plans to expand a flagship artificial intelligence (AI) data center in Texas after negotiations dragged over financing and OpenAI’s changing needs, Bloomberg News ...
Oracle is reportedly planning thousands of layoffs as it pours billions into AI data centers, raising investor concerns over ...
[SAN FRANCISCO] Oracle and OpenAI have scrapped plans to expand a flagship artificial intelligence (AI) data centre in Texas after negotiations dragged on over financing and OpenAI’s changing needs.
Job cuts continue in the global tech sector, with over 35,000 layoffs in 2026 alone. Companies such as Oracle, Amazon, and Nike have significantly reduced their workforce.
The shifting plans underscore the complexity of building out AI data centers, which are expected to cost tens of billions.