Cloud data warehouse Snowflake plans to spend $6 billion on Amazon’s custom Graviton CPUs and AI accelerators over the next five years. The collab aims to reduce friction in connecting Snowflake ...

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Oracle’s stock has been on a prolonged slide since last fall as investors have questioned the company’s ambitious artificial-intelligence business strategy. Fears that Oracle ORCL is overspending on ...

This week Oracle announced the hiring of a new chief financial officer, Hilary Maxson. This wouldn’t be that notable were it not for the dramatic transition happening at Oracle as it adds a rapidly ...

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 ...

This is read by an automated voice. Please report any issues or inconsistencies here. Software giant Oracle on Tuesday started laying off workers as it looks to rein in costs and double down on ...

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.

March 31 (Reuters) - Cloud computing firm Oracle (ORCL.N), opens new tab is laying off thousands of employees, CNBC reported on Tuesday, citing two people familiar with the matter. Late on Tuesday, ...

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 ...

Employees across the US, India, Canada, and Mexico woke up on 31 March to termination emails from “Oracle Leadership” with no prior warning. TD Cowen estimates the cuts will affect 18% of Oracle’s 162 ...

Oracle is joining a growing wave of tech companies cutting jobs as they pour billions into artificial intelligence. This morning, the company began implementing sweeping layoffs across multiple ...

Oracle (ORCL) reported cloud infrastructure revenue growth of 84% year-over-year to $4.89B in Q3 FY2026, with remaining performance obligations of $553B (up 325% YoY) providing exceptional visibility ...