Oracle is shaking up its executive suite as it sets its sights set on AI infrastructure dominance. The company announced Monday that it is promoting Clay Magouyrk and Mike Sicilia to co-CEO roles.

Oracle this week announced that it has promoted Clay Magouyrk, president of Oracle’s cloud infrastructure business, and Mike Sicilia, president of Oracle Industries, to top roles as co-chief executive ...

Oracle (NYSE:ORCL) shares jumped after the company reported first-quarter results, driven by stronger-than-expected growth in its cloud and AI infrastructure business and a record backlog of ...

Oracle reinstates the CFO role by hiring Hilary Maxson as the company reportedly lays off thousands amid a massive AI ...

Oracle appoints Hilary Maxson as CFO following major layoffs, highlighting the company's strategic shift towards AI and cloud infrastructure.

Oracle’s days as a laggard in cloud computing are behind it, as the company seemed to remind listeners to its Tuesday earnings call, rattling off one multibillion-dollar deal after another. Core to ...

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

Oracle's growth has been underwhelming in recent years, but that could change in the not-too-distant future. The company recently reached an agreement with Amazon, and its backlog is increasing.

Oracle has begun laying off employees across its global offices, with workers in US, India, and other regions reporting ...