Oracle faces massive job cuts, potentially 20,000-30,000, to fund its costly $300 billion OpenAI partnership. The tech giant has already spent $58 billion on data centers and is struggling with rising ...

Oracle Stock (NYSE: ORCL) fell by 6% yesterday as geopolitical concerns affected the market – particularly the U.S.-EU tensions regarding Greenland that triggered fears of a trade war. However, ...

Oracle announced a $300 billion, five-year deal in September to supply OpenAI with computing power. Two weeks later, the company raised $18 billion through bonds and notes. Then, just seven weeks ...

A growing number of companies are facing ransom demands from hackers who stole sensitive data through security flaws in widely-used Oracle business software nearly six months ago. The breach, which ...

Oracle (ORCL) stock fell more than 5% Wednesday after the Financial Times reported that private lender Blue Owl Capital (OWL) will not back a $10 billion deal for its next data center as the software ...

Here’s what could happen to Oracle shares next. Oracle stock dropped sharply after disappointing Q2 earnings and reports of data center delays. Analysts differ: Bank of America remains optimistic ...

Oracle’s stock fell more than 12% on Thursday on growing fears about the software giant’s massive AI spending — shaving more than $30 billion off co-founder Larry Ellison’s fortune. The Texas-based ...

Oracle to Deploy 50,000 AMD AI Chips in Bid to Challenge Nvidia Your email has been sent Oracle is making a calculated play to loosen Nvidia’s grip on the AI chip market. The cloud giant will deploy ...

One of Oracle's two recently appointed CEOs, Clay Magouyrk, told CNBC's David Faber that he's confident OpenAI will be able to pay for the cloud infrastructure it uses. OpenAI had a $5 billion net ...

Oracle is establishing itself as a key player in the artificial intelligence sector, securing contracts with major tech companies. The company announced its future "world headquarters" will be located ...

A few weeks after its shares surged on strong earnings, Oracle Corp. is making a pair of high-profile leadership changes. The Austin-based tech giant said Monday that company insiders Clay Magouyrk ...

Oracle Corp. (NYSE:ORCL) extended its gains Monday, building on last week’s historic rally that underscored OpenAI’s influence across technology markets. The software giant recorded its largest stock ...