The growing use of AI contributed to Oracle laying off 21,000 workers in a year, according to a Securities and Exchange ...
"The adoption and deployment of AI technologies across our operations have resulted, and may continue to result, in ...
Oracle topped quarterly expectations, but free cash flow is negative, and the company plans to raise more capital for data center projects.
June 22 (Reuters) - Oracle's total workforce declined 13%, or about 21,000 employees, in fiscal 2026, as the cloud computing ...
Oracle issued emergency guidance for CVE-2026-35273, a critical PeopleSoft flaw exploited in a ShinyHunters-linked campaign targeting universities.
Other takeaways from the filing, the company's guidance and a prospectus on its capital needs suggest that Oracle's capex ...
The cloud infrastructure and AI provider delivered everything investors were expecting. They wanted more.
Oracle is set to report earnings Wednesday afternoon, with the cloud computing giant's stock seen making a big swing after the results.
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Construction has begun on the Oracle/OpenAI Stargate campus in Saline Township, Michigan. On June 1, Related Digital, Blackstone, Oracle, OpenAI, Walbridge, and Governor Gretchen Whitmer held a launch ...
The cloud company's backlog has become a key gauge of AI demand.