Oracle Corp. agreed to purchase as much as 2.8 gigawatts of fuel-cell power from Bloom Energy Corp. to supply data centers for artificial intelligence work. An initial 1.2 gigawatts of capacity has ...
Oracle's long-term debt increased roughly 66% since the start of 2025. The company is leaning into artificial intelligence, and so far, that bet is paying off. Artificial intelligence (AI) is the ...
Bengaluru: The dreaded 6 am emails from Oracle leadership, along with the sudden revocation of VPN and Slack access, have come to define the ongoing layoffs in India. An estimated 10,000–12,000 ...
Oracle has started laying off thousands of employees, according to a CNBC report. This decision reportedly stemmed from the software maker’s aggressive push to increase spending on artificial ...
Oracle laid off some employees on Tuesday, according to two employees and LinkedIn posts. The cuts come as Oracle is trying to cut costs. The company's stock has dropped nearly 30% this year as AI ...
Oracle ORCL-1.47%decrease; red down pointing triangle raised its sales outlook as demand for artificial intelligence continues to outpace supply, sending its shares higher in off-hours trading. Oracle ...
Oracle surpassed estimates for the quarter, and lifted its guidance for fiscal 2027 revenue. During the quarter, Oracle announced plans to raise $45 billion to $50 billion in the fiscal year to expand ...
The past week has been a brutal one for many working in the tech and financial industries. Thousands of jobs have been lost—or will be lost soon—from companies including Block, Morgan Stanley, Capital ...
Some TikTok users in the U.S. are having trouble using the app, which the company attributes to an issue with an Oracle data center. “Creators may temporarily experience lags in posting content while ...
Oracle's Larry Ellison believes the AI race is becoming a commodity due to shared internet data. He argues the future lies in leveraging private enterprise data, a move Oracle is heavily investing in ...
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