Oracle’s Larry Ellison told investors the company can ‘build more software in less time with fewer people’ using AI. Unsplash Oracle is reportedly planning to cut between 20,000 and 30,000 jobs to ...

When Oracle HCM leaders told HR teams at Oracle AI World last October that 2026 would be “the year of operationalizing AI,” the promise screamed scaling technology. Four months later, when Oracle ...

Oracle stock popped as the company reported strong fiscal third-quarter earnings and reassured investors about its AI cloud computing plans. CEO Clayton Magouyrk touted Oracle's ...

Oracle's AI data center strategy boosts revenue forecast to $90 billion by 2027 RPO grows 325% YoY to $553 billion in Q3, surpassing estimates Oracle's cloud margins expected to improve with database ...

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 ...

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Oracle and OpenAI have scrapped plans to expand their flagship Stargate data centre in Abilene, Texas, after months of failed negotiations over financing and shifting demand. The collapse comes ...

Oracle layoffs planned as data centre costs surge: Bloomberg Enterprise software company Oracle is planning thousands of job cuts as it faces a cash crunch from a massive AI data center expansion ...

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 ...

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Oracle Corp. is planning to ax thousands of jobs, among its moves to handle a cash crunch from a massive AI data centre expansion effort. Oracle Chairman Larry Ellison. Last month, Oracle said that it ...

Reuters Oracle layoffs 2026: At the centre of this strategy is a massive $300 billion partnership with OpenAI. Oracle has announced it is planning to cut thousands of jobs across divisions, reported ...