Oracle's strong AI ambitions are being eclipsed by increasing leverage and weak cash flow.
Oracle is leaning into AI in a big way, a move investors seem to view with material skepticism.
Oracle laid off 30,000 works by email at 6 AM. The same quarter, it posted record revenue and a $553 billion backlog.
Oracle has ratcheted up its capital expenditures as it builds data center infrastructure that can handle AI workloads.
Financial analysts at Barclays point out that the layoffs at Oracle will help offset the massive debt that the company is ...
This collaboration enables companies to deploy the Celonis Process Intelligence platform on Oracle Cloud Infrastructure (OCI), and builds on existing integrations between Celonis ...
Oracle's AI data center strategy boosts revenue forecast to $90 billion by 2027 RPO grows 325% YoY to $553 billion in Q3, surpassing estimates Oracle's cloud margins expected to improve with database ...
Oracle cuts thousands of jobs as investor concerns grow over its $500 billion AI data center push, raising questions about ...
"AI is helping so much that we don't need people," is the go-to narrative. But did Oracle convince investors? Reading time 3 minutes In a third-quarter earnings report on Tuesday, tech giant Oracle ...
Shares of Oracle rose by 2.5% as of noon Tuesday, marking positive traction for the stock that has declined more than 27% ...
From Oracle to Meta, Big Tech is reshaping its C-suite around AI infrastructure, even as thousands of workers face layoffs.
Oracle ( ORCL) released an array of new agentic applications for enterprises covering finance, supply chain management, human ...
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