Indian IT companies will remain focused on profits rather than employment, as AI threatens to disrupt industries across the ...

The deal positions Snowflake to compete with Databricks in AI while giving OpenAI enterprise distribution beyond Microsoft’s ecosystem.

Big Tech is in the midst of an M&A spree in the AI space, and ServiceNow’s recent acquisition of the data analytics software ...

Potential layoffs 'largest in Oracle’s recent history', could free up $8b to $10b Mumbai: US tech giant Oracle is planning to cut 20,000 to 30,000 jobs and sell parts of its activities to help finance ...

Oracle Layoffs: Tech major Oracle is planning to slash up to 30,000 jobs to fund AI data centres, a new report has said. According to a report by CIO citing research published this week by investment ...

Oracle faces massive job cuts, potentially 20,000-30,000, to fund its costly $300 billion OpenAI partnership. The tech giant has already spent $58 billion on data centers and is struggling with rising ...

Feb 2 (Reuters) - Oracle (ORCL.N), opens new tab shares gained 2% on Monday after Wall Street analysts said the software company's $50 billion fundraising plan allays worries over its ability to ...

Oracle is defending its substantial AI partnership with OpenAI amidst reports of potential job cuts to fund infrastructure. Despite a stalled Nvidia deal, Oracle remains confident in OpenAI's funding ...

The likelihood that Nvidia NVDA2.33%increase; green up pointing triangle will be investing far less than $100 billion in OpenAI raises big questions for Oracle ORCL 2.48%increase; green up pointing ...

Oracle (ORCL) on Sunday said it expects to raise $45B to $50B in 2026 to build additional capacity for its cloud infrastructure business. Shares in the software company rebounded to gain 4% after ...

(Bloomberg) --Oracle Corp. plans to raise $45 billion to $50 billion this year through a combination of debt and equity sales to build additional cloud infrastructure capacity, reflecting the scale of ...

Shares in Oracle, one of the world’s largest computing infrastructure companies, fell by 29.4% in the month to 13 November, as concerns over the feasibility of artificial intelligence (AI) spending ...