This Decision in 2019 Was Oracle's Smartest Move -- and It May Be the Ticket to Explosive AI Growth.

Oracle gained market share by serving the broad customer base it had already developed over the years and providing affordable cloud services to suit their specific needs. But it was a 2019 decision ...

Oracle Isn't Done Spending Big on AI. Here's Why It Said Investors Shouldn't Worry.

Here's why Oracle is confident that its costs are manageable, and whether the growth stock is a buy now. In just one year, ...
Inc42

Inc42 And Oracle Bring Together 25+ Tech Leaders To Discuss AI Infrastructure And Cloud Strategy

Inc42 and Oracle hosted the CTO Dinner in Gurugram, bringing together 25+ startup CTOs to discuss the realities of scaling AI systems and evolving cloud infrastructure strategies ...
TechSpot

Oracle is spending billions on AI data centers as cash flow turns negative

Connecting the dots: Will Oracle be the first major company to falter amid the looming AI bubble? Analysts are scrambling to interpret what is really happening at the cloud giant, as co-founder Larry ...
CoinDesk

Oracle jumps 11% premarket as AI demand challenges 'SaaS apocalypse' fears

Oracle (ORCL) shares jumped 11% in premarket trading on Wednesday after the company delivered stronger than expected results and pushed back against fears of a looming “SaaS apocalypse,” easing ...
InfoWorld

Oracle rejects request it give up control of MySQL

But Oracle has promised to make development of the Community Edition of the database more transparent and inclusive, and to roll in features previously limited to commercial versions of the database.
Fox Business

Oracle expected to slash thousands of jobs as massive AI spending creates financial cash crisis

Enterprise software giant Oracle is reportedly planning to ax thousands of jobs due to mounting financial pressure from its aggressive push to build AI-focused data centers. The tech powerhouse may ...
24/7 Wall St

Is Oracle’s Massive $500 Billion Stargate Project in Trouble?

Oracle and OpenAI shelved data center expansion plans after negotiations stalled over financing terms and OpenAI’s evolving compute requirements, though the core agreement remains intact. Are you ...
Bloomberg L.P.

Oracle and OpenAI End Plans to Expand Flagship Data Center

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 ...
TechRepublic

Oracle Reportedly Planning Thousands of Job Cuts Amid Massive AI Spending

Oracle Reportedly Planning Thousands of Job Cuts Amid Massive AI Spending Your email has been sent Oracle is reportedly preparing to cut thousands of jobs as the tech giant pours billions of dollars ...
New York Post

Larry Ellison’s Oracle slashing thousands of jobs due to AI cash crunch: report

Enterprise software company Oracle is planning thousands of job cuts as it faces a cash crunch from a massive AI data center expansion effort, Bloomberg News reported Thursday. Long a smaller ...