Oracle surpassed estimates for the quarter, and lifted its guidance for fiscal 2027 revenue. During the quarter, Oracle announced plans to raise $45 billion to $50 billion in the fiscal year to expand ...
Oracle's $300 billion deal with OpenAI established it as a major player in AI cloud computing alongside Amazon, Google and ...
Oracle plans thousands of layoffs as it ramps AI data center spending and targets $45–$50B for cloud capacity.
Oracle Corp. has begun laying the groundwork needed to start construction on its new headquarters in Nashville.
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 ...
Majority US-owned venture includes Larry Ellison’s Oracle, private-equity group Silver Lake and Abu Dhabi’s MGX TikTok announced on Thursday it had closed a deal to establish a new US entity, allowing ...
The Chinese parent company of the popular video app said a group of non-Chinese investors would create an American TikTok to avoid a federal ban. Credit...Timo Lenzen Supported by By David McCabe and ...
TikTok’s top executive announced to employees that ByteDance, the social-media juggernaut’s parent company, has signed deals to create a U.S. joint venture majority-owned by U.S. companies, Bloomberg ...
Vanathi S said she had been working a regular 9-5 job, travelling and content creation for over a decade before deciding to quit. (Image credit: @theuntoldtrails ...
Artificial intelligence (AI) was predictably front and centre at Oracle’s revamped and rebranded customer event – which changed its name to AI World from Cloud World in a last-minute switch-up just a ...
Oracle Corp (NYSE:ORCL) has been making bold moves in 2025 to dominate the AI landscape, fueling strong cloud growth and 37% year-to-date stock gains, even as the company undergoes internal ...
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