In September, Oracle forecast that it would grow revenue from its Oracle Cloud Infrastructure (OCI) cloud segment from around ...
This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. Every enterprise IT executive faces the same AI paradox: their most valuable data sits ...
An open letter signed by architects, DBAs, and engineers argues that closed development, missing AI‑era features, and ...
Oracle Corp. has begun laying the groundwork needed to start construction on its new headquarters in Nashville.
This award follows a $581 million contract with Amazon Web Services as the Air Force continues to build out its multi-cloud ...
Oracle is considering cutting 20,000 to 30,000 jobs and selling some of its activities as US banks pull back from financing the company’s AI data-center expansion, according to investment bank TD ...
Oracle's 5-year credit default swaps are tumbling after the company announced a $50 billion debt and equity financing plan.
Feb 2 (Reuters) - Oracle (ORCL.N), opens new tab shares gained 2% on Monday after Wall Street analysts said the software company's $50 billion fundraising plan allays worries over its ability to ...
ORCL’s operating margin of 31.9% is substantial, but falls short of MSFT’s 46.7% because of Oracle’s extensive investment in cloud data center infrastructure. ORCL’s revenue growth of 11.1%, driven by ...
Oracle may take drastic cost-cutting steps to improve its cash flow stress. In the cost-cutting move, the software giant may reduce its workforce by 20,000 to 30,000 for AI data-centre expansion. The ...
Oracle faces massive job cuts, potentially 20,000-30,000, to fund its costly $300 billion OpenAI partnership. The tech giant has already spent $58 billion on data centers and is struggling with rising ...
Commit drought and governance gripes push Big Red to reset Oracle has promised a "decisive new approach" to MySQL, the popular open source database it owns, following growing criticism of its approach ...