Hyperscaler capex has ballooned to nearly $700 billion, up from roughly $400 billion just three months earlier, according to Applied Digital CEO Wes Cummins. Oracle’s transformation into an AI cloud ...
Oracle noted that construction of data centers may end up costing more or taking longer than expected. This could occur ...
Enterprise software and cloud company Oracle already cut 21,000 jobs during fiscal 2026, tying the annual decline in its annual report to a risk warning that AI systems used inside its own operations ...
Oracle expands its AI database security strategy with new data protection, patching, and cyber resilience tools to help ...
The Oracle logo is displayed on the company's world headquarters April 20, 2009 in Redwood Shores, California. Justin Sullivan/Getty Images For the first time, a major technology company has said so ...
Tech leaders are under pressure to satisfy growing demand for AI while keeping a lid on costs. That is becoming harder as ...
Oracle cut about 21,000 jobs in fiscal 2026 as it restructures around AI and cloud infrastructure, raising questions for ...
Oracle shed 13% of its workforce while spending $55.7 billion on data centres. Its SEC filing explicitly cites AI adoption as the cause of job losses.
The scale of the cuts was revealed in a regulatory filing Monday, showing Oracle’s workforce shrank from 162,000 full-time ...
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The growing use of AI contributed to Oracle laying off 21,000 workers in a year, according to a Securities and Exchange ...
Oracle has decreased its workforce by tens of thousands in the past year while spending $70 billion to fund its AI expansion.
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