Oracle Corp. is preparing to lay off thousands of workers across its business units to ease a cash shortage caused by its aggressive expansion of AI-powered data centres, a Bloomberg report said, ...

Oracle (ORCL) will report its third quarter earnings after the bell on Tuesday, amid reports that the company has axed plans to expand an AI data center with OpenAI (OPAI.PVT) and that it’s preparing ...

Oracle and OpenAI have abandoned plans ‌to expand a flagship artificial ⁠intelligence data centre in Texas, part of the ‌Stargate project, after negotiations dragged ‌over financing ‌and ⁠OpenAI’s ...

Oracle has surprised the Wall Street on March 10 by reporting its best fiscal quarter in 15 years. Revenue for the third quarter of fiscal; 2026 has increased 22% to $17.2 billion, while the cloud ...

March 5 (Reuters) - Enterprise software company Oracle (ORCL.N), opens new tab is planning thousands of job cuts as it faces a cash crunch from a massive AI data center expansion effort, Bloomberg ...

Oracle (ORCL) has plans to reduce its workforce by thousands of employees due in part to its immense spending on expanding data center capacity for artificial intelligence, according to Bloomberg. The ...

Oracle's shares fell more than 15% last year, with its December results showing about $10 billion in cash burn for the first half of the fiscal year Enterprise software company Oracle is planning ...

Oracle has emerged as a major player in the business of renting computing power thanks, in part, to its $300 billion deal with OpenAI. Enterprise software company Oracle is planning thousands of job ...

Oracle Corp. and OpenAI have scrapped plans to expand a flagship artificial intelligence data center in Texas after negotiations dragged over financing and OpenAI’s changing needs. The collapsed talks ...

Oracle Corp. is planning to ax thousands of jobs, among its moves to handle a cash crunch from a massive AI data center expansion effort. The job reductions will affect divisions across the company ...

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ChatGPT's new interactive visuals are designed to make it easier for users to understand math and scientific concepts. (OpenAI) OpenAI is rolling out new interactive responses in ChatGPT it says are ...