The cuts come as the software giant invests billions of dollars in expanding its artificial intelligence infrastructure.
Oracle has ratcheted up its capital expenditures as it builds data center infrastructure that can handle AI workloads.
Oracle Corporation delivered its strongest quarter in 15 years, with Q3 revenue up 22% YoY to $17.2 billion and cloud revenue ...
Oracle began laying off up to 30,000 employees globally, notifying them via a 6 a.m. email from "Oracle Leadership" with no prior warning from HR or managers.
Oracle announces agentic AI capabilities for Oracle AI Database, including Private Agent Factory, Deep Data Security, and ...
Matt Kimball, vice president and principal analyst at Moor Insights and Strategy, told VentureBeat the data layer is where ...
Emergency out-of-band patches from Microsoft and Oracle signal underlying security issues around update cycles and patching, ...
Oracle has had a turbulent stretch heading into this analyst call. Shares are down 24.20% year-to-date and around 55% below ...
The pre-built agents and Private Agent Factory itself would help developers accelerate agent building, especially those ...