Oracle has ratcheted up its capital expenditures as it builds data center infrastructure that can handle AI workloads.

The cuts come as the software giant invests billions of dollars in expanding its artificial intelligence infrastructure.

The SaaS tech giant has been under pressure to cut costs to fund its large AI data center buildout, while also pivoting to become a cloud computing provider. Another round of layoffs has hit the tech ...

Oracle Corp. laid off thousands of employees globally this week. Here's how Tennessee workers fit into its $2.1 billion ...

By Jaspreet Singh April 6 (Reuters) - Oracle on Monday named Hilary Maxson as its chief financial officer, tapping an executive with deep experience in infrastructure and energy as it ramps up ...

March 31 (Reuters) - Cloud computing company Oracle is laying off thousands of employees, CNBC reported on Tuesday, citing two people familiar with the matter. The company declined to comment on the ...

TikTok reportedly has signed a much-anticipated deal to spin off its U.S. operations to an investor group that includes software giant OracleORCL. Oracle stock jumped in early trading on Friday. The ...