The new facility will help organisations across Australia and Oceania navigate technology challenges and turn AI ...
Tech layoffs are rising in 2026 as AI investment surges. Here’s what’s really driving the cuts — and why AI may not be the ...
Despite negative FCF and high CapEx, Oracle’s multicloud strategy enables high-margin growth and reduces dependency on OpenAI ...
The cuts come as the software giant invests billions of dollars in expanding its artificial intelligence infrastructure.
Oracle has ratcheted up its capital expenditures as it builds data center infrastructure that can handle AI workloads.
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 ...
Oracle called recent news reports about Abilene's Stargate data center "false and incorrect" this week. Media reports surrounding the expansion of the artificial intelligence data center indicated a ...
Oracle Corporation delivered its strongest quarter in 15 years, with Q3 revenue up 22% YoY to $17.2 billion and cloud revenue ...
Oracle (ORCL) will report its third quarter earnings after the bell on Tuesday, amid reports that the company has axed plans to expand an AI data center with OpenAI (OPAI.PVT) and that it’s preparing ...
Oracle has surprised the Wall Street on March 10 by reporting its best fiscal quarter in 15 years. Revenue for the third quarter of fiscal; 2026 has increased 22% to $17.2 billion, while the cloud ...
Oracle and OpenAI have abandoned plans ‌to expand a flagship artificial ⁠intelligence data centre in Texas, part of the ‌Stargate project, after negotiations dragged ‌over financing ‌and ⁠OpenAI’s ...
Oracle today announced new agentic AI innovations for Oracle AI Database that will help customers rapidly build, deploy, and scale secure agentic AI applications that are suitable for full-scale ...