For more than a decade, Oracle concentrated financial oversight at the very top of its leadership structure. Safra Catz, who became chief executive in 2014, simultaneously held the title of principal ...

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April 7 (Reuters) - Pacific Investment Management Co. is in talks with the Bank of America to help provide roughly $14 billion of debt financing to build an Oracle (ORCL.N), opens new tab data center ...

Iran’s Islamic Revolutionary Guard Corps (IRGC) claims it has targeted an Oracle data center in Dubai, United Arab Emirates, according to Iranian state media. The alleged strike comes only two days ...

Oracle’s latest Stargate data center project is close to securing financing following monthslong negotiations with investors that put the development's future in doubt. The project is part of part of ...

At Oracle World in Las Vegas in October, Oracle Corp. founder and CEO Larry Ellison got right to the point. “AI changes everything,” Ellison told attendees, and his company’s recent releases have ...

April 1 (Reuters) - Data center developer Related Digital is closing in on $16 billion of financing for an Oracle (ORCL.N), opens new tab data center in ‌Michigan, a source familiar with the matter ...

Oracle Slashes Thousands of Jobs While Doubling Down on AI Expansion Your email has been sent Oracle has begun cutting thousands of jobs as it seeks to ease investor concerns about the scale of its AI ...

Oracle is conducting a round of layoffs, two people familiar with the move told CNBC. The layoffs were in the thousands, the people said. The software maker has continued to increase spending on data ...

Employees across the US, India, Canada, and Mexico woke up on 31 March to termination emails from “Oracle Leadership” with no prior warning. TD Cowen estimates the cuts will affect 18% of Oracle’s 162 ...

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 ...