Shares of Oracle and Bloom Energy popped after the companies reached a deal for more AI data center capacity. The software giant gained for a second day, as other names in the sector also briefly ...

Iran’s Islamic Revolutionary Guard Corps (IRGC) claims it has targeted an Oracle data center in Dubai, United Arab Emirates, according to Iranian state media. The alleged strike comes only two days ...

Oracle’s latest Stargate data center project is close to securing financing following monthslong negotiations with investors that put the development's future in doubt. The project is part of part of ...

At Oracle World in Las Vegas in October, Oracle Corp. founder and CEO Larry Ellison got right to the point. “AI changes everything,” Ellison told attendees, and his company’s recent releases have ...

Oracle Slashes Thousands of Jobs While Doubling Down on AI Expansion Your email has been sent Oracle has begun cutting thousands of jobs as it seeks to ease investor concerns about the scale of its AI ...

Oracle has cut an unspecified number of jobs as the software giant looks to reduce costs and continue growing its artificial intelligence business, according to former employees and multiple reports.

Employees across the US, India, Canada, and Mexico woke up on 31 March to termination emails from “Oracle Leadership” with no prior warning. TD Cowen estimates the cuts will affect 18% of Oracle’s 162 ...

Microsoft Corp. will occupy a data center project previously earmarked for Oracle Corp. and OpenAI, scooping up 900 megawatts of capacity after the other two companies walked away from the site. The ...

Enterprise data teams moving agentic AI into production are hitting a consistent failure point at the data tier. Agents built across a vector store, a relational database, a graph store and a ...

Oracle announced a suite of agentic AI capabilities integrated directly into Oracle AI Database, enabling AI agents to securely access enterprise data where it already exists, rather than requiring ...

Oracle is increasingly well positioned to benefit from AI through its infrastructure software segment and by embedding AI into its applications. Oracle’s leverage adds risk to the investment thesis.

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 ...