Despite soaring profits, Oracle is eliminating tens of thousands of roles to redirect billions into its AI ambitions.

The database giant would be the latest tech company to initiate layoffs as it frees up capital to spend on AI projects Shares of Oracle rose 6% on Tuesday on the news of thousands of layoffs. Oracle ...

Oracle reportedly cut thousands of jobs on March 31 to cut costs as its AI projects grow. Oracle stock rose 5% after the news ...

Investors see the database firm as a barometer of the financial prospects for artificial intelligence. Oracle’s stock was up ...

Oracle stock rose 6% as the cloud-computing and database company began to reduce its work force. The cuts come as Oracle builds out costly data centers for artificial-intelligence development. The ...

ConstructivIQ, a leader in AI-driven procurement planning and material tracking solutions for construction, today announced that DPR Construction has scaled deployment to over 100 projects across its ...

RAM manufacturers' stock prices are falling across the board this week, but it's too early to break out the celebratory ...

PM Modi lays foundation stone and inaugurates multiple development projects worth ₹20,000 crore ...

Proposed Army data center complex on Fort Bliss land may need 2.5 gigawatts of power, larger than Meta. Oracle projects being ...

When the Michigan Public Service Commission approved contracts for a 1.4 gigawatt data center in Saline Township, it did so ...

Microsoft teams up with Chevron and Engine No. 1 to explore power supply for AI data centers, highlighting rising energy ...

March 31 (Reuters) - Microsoft, Chevron and investment fund Engine No. 1 have entered into an exclusivity agreement for power ...