Oracle defends its USD 300B OpenAI contract and addresses reports of 30,000 layoffs as it launches a 50B funding plan to ...

Oracle is reportedly planning to cut up to 30,000 jobs as the company looks for cash to fund its costly AI data centre expansion.

Oracle expects to raise $45 billion to $50 billion in 2026 to build additional capacity for its cloud infrastructure.

Oracle's financial results don't mean much for its rivals. Yet investor money flooded into business-application stocks Tuesday after Oracle, the second-largest software company, reported results that ...

Oracle is challenging a research report that says the software maker has lost ground to IBM in the database market. The report, released by Gartner Dataquest on Tuesday, said Oracle had slipped to ...

Oracle’s quarterly earnings topped expectations, but revenue came up short. Investors have question whether the company’s artificial intelligence investments are justified. Oracle picked up ...

After Oracle acquired Cerner for $28.4 billion in June 2022, the company lost at least a dozen of the EHR vendor’s large clients, Bloomberg reported May 9. Bloomberg conducted interviews with more ...

Oracle's financial results don't mean much for its rivals. Yet investor money flooded into business-application stocks Tuesday after Oracle, the second-largest software company, reported results that ...