The cuts come as the software giant invests billions of dollars in expanding its artificial intelligence infrastructure.

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 ...

Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE. Oracle plans to cut thousands of jobs across multiple divisions as it works to manage ...

Oracle began laying off up to 30,000 employees globally, notifying them via a 6 a.m. email from "Oracle Leadership" with no prior warning from HR or managers.

Oracle's overall revenue increased 22% year over year in the fiscal third quarter, which ended on Feb. 28, according to a ...

The AI trade will be tested as Oracle reports third-quarter earnings. Oracle announced a $50 billion financing plan last month to fund its data center buildout. The tech heavyweight's relationship ...

Russia on Friday said it would not disclose details of Russia’s crude oil exports to India, citing security and geopolitical concerns amid heightened tensions in global energy markets, reported ...

APEX, N.C. (WTVD) -- After months of debate, a data center project near Apex that could have generated at least $4 million is no longer moving forward. "They had an aggressive timetable that our ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The factory creates 200 jobs and ...

A data center developer says it plans to build a campus in Salem Township. Luzerne County property records filed in Marsh showed QTS, a Kansas-based data center developer, purchased dozens of land ...

Nvidia leads in AI with strong growth in data center revenue, expanding into autonomous tech. Alphabet integrates AI across its services and invests heavily in AI chips and infrastructure. Microsoft's ...

Environmental advocates worry about state incentives driving development next to the Great Salt Lake and other sensitive areas, with no caps on water use.