Oracle plans thousands of layoffs as it ramps AI data center spending and targets $45–$50B for cloud capacity.

Enterprise software company Oracle is planning thousands of job cuts as it faces a cash crunch from a massive ​AI data center expansion effort, Bloomberg News reported on Thursday.

Oracle ( ORCL) will report fiscal third-quarter results on March 10 and its outlook on its Oracle Cloud Infrastructure unit is likely to be of utmost importance for investors, investment firm Evercore ...

If Oracle maintains this pattern of aggressive short-term rallies, current shareholders could see significant upside from ...

As India’s retail sector faces rising pressure to scale operations, manage volatile demand, and deliver seamless omni-channel experiences, technology has emerged as a critical enabler of competitive ...

Oracle's Larry Ellison believes the AI race is becoming a commodity due to shared internet data. He argues the future lies in leveraging private enterprise data, a move Oracle is heavily investing in ...

The broader AI trade is back in the hot seat because of Oracle. It shouldn't be. Oracle shares were getting crushed on Thursday following a quarterly sales miss, a disappointing guide, and a spending ...

TL;DR: Samsung's Galaxy S26 lineup will feature the in-house Exynos 2600 processor in the base and Plus models, while the flagship S26 Ultra uses a Qualcomm Snapdragon chip. The S26 Plus returns due ...

AI is reporting for duty. OpenAI has launched a new initiative granting free ChatGPT Plus subscriptions to US veterans and transitioning service members, aiming to make artificial intelligence a ...

Here’s what we’re covering: Key Justices Cast a Skeptical Eye on Trump’s Tariffs by Ann E. Marimow Trump Officials to Cut Air Traffic at 40 Major Airports if Shutdown Continues by Karoun Demirjian ...