Oracle reportedly planning massive layoffs involving thousands of employees as AI spending creates cash crunch. Job cuts ...

Oracle is reportedly evaluating sweeping cost-cutting measures that could include tens of thousands of layoffs and the potential sale of key assets as the company grapples with the enormous financial ...

On Tuesday, Oracle Corporation ORCL said its rapidly expanding AI data center business is already profitable, though heavy construction and expansion costs are temporarily weighing on overall margins.

Oracle is building high-powered data centers around the world to meet booked business from major tech clients. The job cuts ...

As the cloud giant spends billions on the AI race, it reassures investors that it is still "very good" at doing things on the cheap.

Oracle's strong quarterly numbers have eased Wall Street's fears about the growing price tag and debt tied to its ambitious AI data center push.

Plans to expand a major artificial intelligence data center in Texas have stalled after talks between Oracle and OpenAI broke down. The companies had discussed a large expansion near their flagship AI ...

(Bloomberg/Brody Ford and Rose Henderson) — Cloud-computing companies including Oracle Corp., Microsoft Corp. and Meta Platforms Inc. have committed to spend a combined $500 billion on data center ...

Oracle will lease the new data center being constructed in Harwood. The agreement is worth $2.15 billion and spans 15 years, with potential renewals lasting up to 25 years. Applied Digital will ...

Microsoft is in advanced talks to lease hundreds of megawatts of data center capacity at a closely watched artificial ...

As tech stocks continue their sell-off, many investors have turned their attention to Oracle (NYSE: ORCL), which has seen its ...