Oracle is reportedly planning significant job cuts, potentially thousands, to manage a growing cash crunch fueled by its massive AI data center expansion. This restructuring, costing over $1.6 billion ...

Despite positive numbers, Walz and lawmakers had a muted response Friday and said little new spending is on the way.

While Oracle has traditionally been viewed as a legacy database provider, its aggressive pivot toward Oracle Cloud ...

March 5 (Reuters) - Enterprise software company Oracle is planning thousands of job cuts as it faces a cash crunch from a ...

Some of the cuts will be aimed at job categories that the company expects it will need less of due to AI, two of the people ...

Oracle plans thousands of layoffs as it ramps AI data center spending and targets $45–$50B for cloud capacity.

Oracle (NYSE:ORCL) has had a brutal run since its moment in the AI spotlight. But Jefferies analyst Brent Thill isn’t running away from it. He just reiterated his Buy rating on the stock, and while he ...

The venture capital heavyweight sold his last start-up, Aconex, to Oracle for $1.6 billion. Now he is developing software to ...

MinIO, the data foundation for enterprise analytics and AI, is debuting AIStor Table Sharing, a capability built into MinIO AIStor that allows enterprises to securely share their on-premises data ...

Stock Market Today: The Dow Jones index gave up 450 points Friday on surging oil prices. Nvidia is a big Dow loser.

Wow, what a day of news! In case you missed it (which would have been difficult), we broke a number of stories yesterday regarding OpenAI and Anthropic.Most memorable was this piece about the fiery, 1 ...

Researchers use mini plasma explosions to encode the equivalent of two million books into a coaster-sized device. The method could preserve research data for millennia with minimal storage costs. In ...