Oracle has ratcheted up its capital expenditures as it builds data center infrastructure that can handle AI workloads.

The cuts come as the software giant invests billions of dollars in expanding its artificial intelligence infrastructure.

Oracle's layoffs affect more than 230 software developers and an additional 48 software development employees in Washington and include workers in senior director and vice president roles.

Oracle cuts thousands of jobs as investor concerns grow over its $500 billion AI data center push, raising questions about risk, strategy, and long-term returns.

The initial wave of a massive bloodbath at Oracle has begun to show up in public filings — with 700 workers expected to lose ...

Oracle laid off 30,000 works by email at 6 AM. The same quarter, it posted record revenue and a $553 billion backlog.

March 24 (Reuters) - Microsoft has agreed ⁠to ⁠rent a data ⁠center project in Texas that was originally being developed for Oracle and OpenAI, Bloomberg News reported ‌on Tuesday, citing people ...

Iran's Islamic Revolutionary Guard Corps (IRGC) claims it has struck a data centre belonging to US tech firm Oracle in Dubai, fuelling fresh anxieties about attacks on commercial technology ...

Add Yahoo as a preferred source to see more of our stories on Google. Cranes work to position concrete panels at the site of the future Applied Digital data center near Harwood, North Dakota, on March ...

The former chief executive of British oil company BP BP-6.56%decrease; red down pointing triangle is jumping into the American artificial-intelligence boom. Bernard Looney is taking on the chief ...

Brookfield Infrastructure Partners (BIP) was upgraded at Morgan Stanley on Monday to Overweight from Equal Weight with a $45 price target, citing accelerating growth as a leading data center developer ...