The tech world is currently reeling from what might be the most cold-blooded firing in recent memory. On March 31 and April 1, 2026, Oracle initiated a massive global "restructuring" that reportedly ...
What started as a routine Tuesday (31 March) morning quickly turned into a nightmare for thousands of employees at Oracle, many of whom woke up to termination emails as early as 6 AM. The sudden ...
Related Digital is finalizing $16 billion of financing for a giant Oracle Corp. data center, after months of stop-and-start negotiations with investors. The developer has been rounding up cash to ...
CLOUD computing firm Oracle is laying off thousands of employees, CNBC reported on Tuesday, citing two people familiar with the matter. Late on Tuesday, Oracle said it will lay off 491 employees ...
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Enterprise data teams moving agentic AI into production are hitting a consistent failure point at the data tier. Agents built across a vector store, a relational database, a graph store and a ...
Oracle announced a suite of agentic AI capabilities integrated directly into Oracle AI Database, enabling AI agents to securely access enterprise data where it already exists, rather than requiring ...
Oracle reported its third-quarter earnings for fiscal 2026 on Tuesday. The cloud giant is forecasting $50 billion in capital expenditures for the year. To maximize profit, Oracle is focused on cutting ...
Oracle called recent news reports about Abilene's Stargate data center "false and incorrect" this week. Media reports surrounding the expansion of the artificial intelligence data center indicated a ...
Oracle Corp. and OpenAI have scrapped plans to expand a flagship artificial intelligence data center in Texas after negotiations dragged over financing and OpenAI’s changing needs. The collapsed talks ...
OpenAI (OPENAI) and Oracle (ORCL) have decided not to expand their data center site in Abilene, Texas, from 1.2 GW to 2 GW, according to Bloomberg. Apparently, Oracle and OpenAI's expansion plans were ...
Oracle (ORCL) has plans to reduce its workforce by thousands of employees due in part to its immense spending on expanding data center capacity for artificial intelligence, according to Bloomberg. The ...