What happened: Oracle (ORCL) and CoreWeave (CRWV) came out in support of OpenAI on Tuesday after the Wall Street Journal reported that the AI developer recently missed sales and user targets, renewing ...

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A former Oracle employee accused the tech giant of targeting workers “with outstanding stock options” in a recent round of layoffs — as the company reportedly offered its new chief financial officer a ...

Oracle Corp. agreed to purchase as much as 2.8 gigawatts of fuel-cell power from Bloom Energy Corp. to supply data centers for artificial intelligence work. An initial 1.2 gigawatts of capacity has ...

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 ...

Oracle Corporation on Monday said it has hired a new Chief Financial Officer, just days after reports of layoffs at the company. The company announced that Hilary Maxson will be its new CFO. She joins ...

An unknown number of Oracle Corp. employees woke up on the morning of March 31 to find an email from their employer informing them that it would be their last day on the job. "We are sharing some ...

What just happened? Oracle is trimming tens of thousands of jobs across its global operations as part of a broader realignment toward AI infrastructure. Employees in the US and India reported ...

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. REDWOOD SHORES, CALIFORNIA - MARCH 10: The Oracle logo is displayed on a building at an ...

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 ...

Oracle laid off some employees on Tuesday, according to two employees and LinkedIn posts. The cuts come as Oracle is trying to cut costs. The company's stock has dropped nearly 30% this year as AI ...