At Oracle World in Las Vegas in October, Oracle Corp. founder and CEO Larry Ellison got right to the point. “AI changes everything,” Ellison told attendees, and his company’s recent releases have ...
Oracle began laying off employees Tuesday in what analysts believe could become one of the largest workforce reductions in the company’s history, cuts that appear tied to the skyrocketing cost of ...
Banks are looking to offload tens of billions of dollars in loans linked to Oracle’s (NYSE:ORCL) data center buildout, as lenders seek fresh pools of capital to absorb the scale of financing required, ...
Oracle Corp. named Schneider Electric SE executive Hilary Maxson as its chief financial officer to help the company navigate massive data center development plans and an accompanying cash crunch.
WASHINGTON, March 31, 2026 /PRNewswire/ --ORACLE FEDERAL FORUM -- Oracle today announced the availability of Oracle AI Data Platform for US federal agencies. Purpose-built to securely connect industry ...
Oracle is conducting a round of layoffs, two people familiar with the move told CNBC. The layoffs were in the thousands, the people said. The software maker has continued to increase spending on data ...
Banks are preparing a $38 billion debt deal, set to be finalized as soon as Monday, to finance data centers associated with Oracle Corp. According to individuals with knowledge of this information, ...
April 1 (Reuters) - Data center developer Related Digital is closing in on $16 billion of financing for an Oracle (ORCL.N), opens new tab data center in Michigan, a source familiar with the matter ...
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Oracle has cut an unspecified number of jobs as the software giant looks to reduce costs and continue growing its artificial intelligence business, according to former employees and multiple reports.
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