Why layoffs like Oracle's hit harder than they should. It’s not the scale or timing of it, but the collapse of the “work as ...
On March 31, thousands of Oracle employees received the dreaded layoff email as the company turns its focus toward artificial ...
Oracle’s recent earnings report showed that the company exceeded third-quarter expectations and raised its fiscal 2027 revenue target to $90 billion, surpassing the consensus estimate of $88 billion.
Connecting the dots: Will Oracle be the first major company to falter amid the looming AI bubble? Analysts are scrambling to interpret what is really happening at the cloud giant, as co-founder Larry ...
Oracle reported stronger-than-expected third-quarter revenue on Tuesday, signaling continued demand for its enterprise software and cloud services. At the same time, the tech giant outlined ambitious ...
Oracle and OpenAI have scrapped plans to expand their flagship Stargate data centre in Abilene, Texas, after months of failed negotiations over financing and shifting demand. The collapse comes ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Oracle and OpenAI have abandoned plans to expand their flagship data centre site in Texas, walking away from a ...
Optimism grows: Oracle’s logo on a screen on the floor of the New York Stock Exchange. The tech firm’s fundraising blitz reassures investors on AI spending plans, driving a rally and lifting broader ...
Oracle plans to raise around half of the funding through a combination of equity-linked and common equity issuances, including mandatory convertible preferred securities and a new at-the-market ...
Oracle expects to raise $45 billion to $50 billion in 2026 to build additional capacity for its cloud infrastructure, the software company said on Sunday. The company, chaired by billionaire Larry ...
The artificial intelligence corner of the tech industry is feeling anxious this week due to ongoing rumors that a possible deal worth $100 billion between NVIDIA and OpenAI may be in trouble. There’s ...
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