Oracle reportedly cut thousands of jobs on March 31 to cut costs as its AI projects grow. Oracle stock rose 5% after the news ...

Oracle has not confirmed how many employees are affected. But investment bank TD Cowen estimates the cuts could total between ...

Several workers at the Texas-based tech giant expressed the shock of being part of the downsizing on the social media ...

March 31 (Reuters) - Cloud computing firm Oracle is laying off thousands of employees, CNBC reported on Tuesday, citing two ...

Oracle's overall revenue increased 22% year over year in the fiscal third quarter, which ended on Feb. 28, according to a ...

Oracle saw strong growth in fiscal Q3. More importantly, the company showed it can get a good return on its cloud computing investments. While the stock has been on a roller coaster ride over the past ...

Oracle just delivered a record quarter, with earnings per share and total revenue both up by more than 20% year over year. Management said this was the first time in over 15 years that Oracle ...

March 11 (Reuters) - Oracle (ORCL.N), opens new tab shares surged about 12% on Wednesday after the software giant's upbeat revenue forecast eased concerns over its hefty spending on artificial ...

Much like its peers in the tech industry, Oracle is pouring money into AI infrastructure. In a bid to compete with companies like Amazon and Microsoft, the tech giant inked a lucrative $300 billion ...

Oracle Corp. and OpenAI have scrapped plans to expand a flagship artificial intelligence data center in Texas after negotiations dragged over financing and OpenAI’s changing needs. The collapsed talks ...