What happened: Oracle (ORCL) and CoreWeave (CRWV) came out in support of OpenAI on Tuesday after the Wall Street Journal reported that the AI developer recently missed sales and user targets, renewing ...
Oracle Corp. agreed to purchase as much as 2.8 gigawatts of fuel-cell power from Bloom Energy Corp. to supply data centers for artificial intelligence work. An initial 1.2 gigawatts of capacity has ...
In July 2025, Oracle and OpenAI formalised what is arguably the largest cloud computing deal in history. OpenAI committed to spending $300 billion on Oracle's infrastructure over roughly five years, ...
As Oracle carried out a major round of layoffs, several employees began sharing their experiences online. One such post, by a long-time employee, has gained attention for highlighting the sudden ...
Oracle has begun laying off employees across its global offices, with workers in US, India, and other regions reporting termination emails landing in their inboxes as early as 6AM EST on Tuesday. The ...
Oracle has cut an unspecified number of jobs as the software giant looks to reduce costs and continue growing its artificial intelligence business, according to former employees and multiple reports.
Feb 1 (Reuters) - Oracle (ORCL.N), opens new tab expects to raise $45 billion to $50 billion in 2026 to build additional ‌capacity for its cloud infrastructure, the software company said on Sunday.
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The campus in Wisconsin is part ...
Oracle pointed to a cloud deal from social media company Meta. At the same time, Oracle indicated that its core database and data platform business will grow. In 30 days during the current quarter, ...
Google says hackers associated with a prolific ransomware group are sending extortion emails to executives at “numerous” large organizations after claiming to have stolen their sensitive information ...