Oracle (ORCL) started laying off employees on Tuesday to drive down costs to support its artificial intelligence infrastructure buildout, according to Business Insider. Shares rose 3% in midday ...

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 ...

When Oracle HCM leaders told HR teams at Oracle AI World last October that 2026 would be “the year of operationalizing AI,” the promise screamed scaling technology. Four months later, when Oracle ...

March 5 (Reuters) - Enterprise software company Oracle (ORCL.N), opens new tab is planning thousands of job cuts as it faces a cash crunch from a massive AI data center expansion effort, Bloomberg ...

It takes a lot of computing power to run an AI product — and as the tech industry races to tap the power of AI models, there’s a parallel race underway to build the infrastructure that will power them ...

Oracle ORCL shares rose more than 10% on Feb. 9, posting its biggest daily gain since last September, after a sell-side competitor issued a more favorable rating. Despite the rally, Oracle stock was ...

Gil Luria, D.A. Davidson, joins 'The Exchange' to discuss the firm's upgrade of Oracle, Microsoft's positioning in the AI trade and much more. Multiple arrests following 'disorder and violence' after ...

Even Oracle can’t get all the money it wants for AI. The speculation has been building since late last week, kicked off by a report from financial analyst TD Cowen that percolated through financial ...

Accel leads the round, joined by WillowTree Ventures, MVP Ventures, as Fibr AI turns websites into adaptive experience systems built for modern traffic—human and AI alike Ankur (AJ) Goyal, CEO and ...

Oracle said it plans to raise between $45 billion and $50 billion this year to fund its artificial-intelligence infrastructure buildout, seeking fresh capital to satisfy growing demand from clients.

Oracle shares fell 2% on February 2 following the company’s announcement that it planned to raise upwards of $50 billion in 2026. That spike came after Oracle reported a 359% increase in its remaining ...

The Chinese parent company of the popular video app said a group of non-Chinese investors would create an American TikTok to avoid a federal ban. Credit...Timo Lenzen Supported by By David McCabe and ...