Oracle was founded all the way back in 1977 as an enterprise software company. Since then, it has transformed into a cloud services giant. These days, it is trying to become one of the most important ...

Oracle has quietly axed 21,000 workers in a massive jobs bloodbath as it pours billions into artificial intelligence, all while admitting the technology is helping eliminate positions. The scale of ...

Oracle is spending big on artificial intelligence—to the tune of $70 billion this year alone—in order to build data centers and AI-capable servers. But that AI expansion hasn’t come without a human ...

Oracle reduced its workforce by 21,000 employees in fiscal 2026, according to the company’s annual 10-K filing. The software giant cut its global staff by 13% to 141,000 full-time workers as of May 31 ...

Oracle has cut around 21,000 jobs globally over the past year as the company continues to realign its business around artificial intelligence (AI), according to its latest annual report. The software ...

Oracle was co-founded by Larry Ellison in 1977. He remains its chief technology officer Oracle shed about 21,000 roles globally in the last year as the US technology giant reshapes its business around ...

Oracle reduced workforce to 141k full-time staff from previous level; AI adoption led job cuts and cost restructuring. Reductions resulted in US$1.8 billion reorganization expenses. (June 23) : Oracle ...

The Office of Personnel Management is using the contract to consolidate more than 100 systems into a single platform covering 2 million federal employees. The Office of Personnel Management is ...

Databricks is reportedly in discussions to raise new funding at a valuation of $165 billion to $175 billion, up from $134 billion just four months ago. The AI private market continues to inflate, with ...

Oracle has tied its future to the AI revolution, making a big bet on providing data center access to AI firms such as OpenAI, which could account for the bulk of Oracle's revenue in future years. It ...

Bluefin estimates the cost of each rack at $3.5 million, so a loss of 300 to 400 racks could cost Super Micro anywhere from $1.05 billion to $1.4 billion in lost sales. It's not a total loss for Super ...