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

Oracle is cutting staff as the company seeks to curb cost while it invest in AI infrastructure.

Oracle cut dozens of software development jobs in the Bay Area amid a mass global restructuring. Here’s what we know.

Several workers at the Texas-based tech giant expressed the shock of being part of the downsizing on the social media ...

Oracle saw strong growth in fiscal Q3. More importantly, the company showed it can get a good return on its cloud computing investments. While the stock has been on a roller coaster ride over the past ...

Oracle just delivered a record quarter, with earnings per share and total revenue both up by more than 20% year over year. Management said this was the first time in over 15 years that Oracle ...

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 ...

March 11 (Reuters) - Oracle (ORCL.N), opens new tab shares surged about 12% on Wednesday after the software giant's upbeat revenue forecast eased concerns over its hefty spending on artificial ...

Much like its peers in the tech industry, Oracle is pouring money into AI infrastructure. In a bid to compete with companies like Amazon and Microsoft, the tech giant inked a lucrative $300 billion ...

Oracle Corp. and OpenAI have scrapped plans to expand a flagship artificial intelligence data center in Texas after negotiations dragged over financing and OpenAI’s changing needs. The collapsed talks ...