East Bank and East Nashville — under or over Interstate 24 — to help seal the deal and win the tech company's record-setting ...
Oracle carried out layoffs in March. A new filing shows how much smaller the workforce is compared to this time last year.
The growing use of AI contributed to Oracle laying off 21,000 workers in a year, according to a Securities and Exchange Commission filing on Monday.
Oracle has decreased its workforce by tens of thousands in the past year while spending $70 billion to fund its AI expansion.
"The adoption and deployment of AI technologies across our operations have resulted, and may continue to result, in ...
The company says its AI adoption and deployment may result in further reductions.
Part of the market's concern seems to center on what all of this growth costs. Oracle said it plans to raise about $40 billion in fiscal 2027 to help fund its artificial intelligence (AI) data center ...
To say Oracle reported record results might be an understatement, as the company used the word "record" 20 times in its quarterly financial report. For its fiscal 2026 fourth quarter (ended May 31), ...
Oracle topped quarterly expectations, but free cash flow is negative, and the company plans to raise more capital for data center projects.
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