Oracle Cuts 21,000 Jobs
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The growing use of AI contributed to Oracle laying off 21,000 workers in a year, according to a Securities and Exchange Commission filing on Monday.
Oracle Corp. today announced the general availability of Oracle AI Database 26ai and Oracle Autonomous AI Lakehouse, both aimed at supporting artificial intelligence training and inference across cloud and on-premises environments. Oracle said the releases ...
"The adoption and deployment of AI technologies across our operations have resulted, and may continue to result, in reductions to our workforce," Oracle said.
This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. Oracle announced a suite of agentic AI capabilities integrated directly into Oracle AI Database, enabling AI agents to securely access enterprise ...
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Sharing data is just the beginning of what artificial intelligence can do for healthcare, said Seema Verma, GM of Oracle Health and Life Sciences, at the company's annual summit. Among several other new product announcements, Oracle Health said Wednesday ...
Oracle NetSuite introduced a host of new features and capacities built around agentic AI covering both process automation and data-driven insights during its SuiteConnect event in New York today. Processing Content Evan Goldberg, founder and executive vice ...
Oracle's workforce shrank by about 21,000 employees over the past year as the tech company spent heavily on AI and cloud infrastructure, according to a new filing.
