Oracle today announced new agentic AI innovations for Oracle AI Database that will help customers rapidly build, deploy, and scale secure agentic AI applications that are suitable for full-scale ...
But Oracle has promised to make development of the Community Edition of the database more transparent and inclusive, and to roll in features previously limited to commercial versions of the database.
Oracle's quarterly filing for the latest period revealed that the company's stake in TikTok is worth roughly $2 billion. The company is a key investor in TikTok USDS Joint Venture, which has housed ...
Update: Added that Oracle declined to comment on whether the vulnerability has been exploited. Oracle has released an out-of-band security update to fix a critical unauthenticated remote code ...
Oracle's massive capital expenditures have taken a sledgehammer to its free cash flow. Upfront customer payments and efficiency improvements should slow the rate of cash burn. But it comes at a steep ...
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 ...
Oracle surpassed estimates for the quarter, and lifted its guidance for fiscal 2027 revenue. During the quarter, Oracle announced plans to raise $45 billion to $50 billion in the fiscal year to expand ...
Oracle's AI data center strategy boosts revenue forecast to $90 billion by 2027 RPO grows 325% YoY to $553 billion in Q3, surpassing estimates Oracle's cloud margins expected to improve with database ...
Companies such as Meta, Amazon, and Oracle have said they're trimming staff this year. Pinterest, for one, cited AI as a factor in its decision to shed less than 15% of its workforce. See the list of ...
The $400 billion enterprise software and cloud infrastructure giant Oracle is in the hot seat with a fiscal third-quarter earnings drop amid a spotlight on its heavy borrowing and negative free cash ...
Enterprise software company Oracle is planning thousands of job cuts as it faces a cash crunch from a massive AI data center expansion effort, Bloomberg News reported Thursday. Long a smaller ...
Oracle employs around 162,000 globally, with 900 workers situated in Ireland. Oracle will cut thousands of jobs to funnel funds into its major AI data centre expansion efforts, according to Bloomberg.
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