Oracle Corp (NYSE:ORCL) shares are trading lower Wednesday afternoon as investors digest workforce cuts tied to AI adoption.

Oracle has decreased its workforce by tens of thousands in the past year while spending $70 billion to fund its AI expansion.

Oracle’s stock fell on Monday after the company disclosed that it cut about 21,000 jobs, or 13% of its workforce, in fiscal ...

Oracle warned its corporate customers that there is a critical-rated vulnerability in its PeopleSoft software, which is used by large companies to manage payroll and human resources, a day after a ...

Sydney Morning Herald removes piece by Cath Ellis, despite Western Sydney University saying her use of AI was ‘appropriate’ Follow our Australia news live blog for latest updates Get our breaking news ...

Of the major players in artificial intelligence, a few might reasonably be considered picks-and-shovels companies. Nvidia, led by Jensen Huang, is one. Another is Oracle, which under Larry Ellison has ...

Microsoft and Oracle have announced another new multi-year agreement that will let Microsoft use Oracle Cloud Infrastructure to power its Bing services. Financial details were not disclosed. In ...

Oracle is ditching a contentious plan to construct a natural gas plant to power one of its newest data centers. Instead, Oracle said last week that it will partner with fuel-cell maker Bloom Energy to ...

Nahda Nabiilah is a writer and editor from Indonesia. She has always loved writing and playing games, so one day she decided to combine the two. Most of the time, writing gaming guides is a blast for ...

You hear about it everywhere, from LinkedIn posts to keynote speakers to job listings: Learning to use AI is the way to get ahead in your job and help future-proof your career. But you may not know ...

Bloom Energy (BE) up 2.3% post-market Monday after Oracle (ORCL) and BorderPlex Digital Assets said they will utilize Bloom's fuel cells to fully power the planned multi-billion dollar Project Jupiter ...

Oracle’s ORCL0.02%increase; up pointing triangle $300 billion megadeal with OpenAI is testing the limits of Wall Street’s appetite for debt tied to America’s data-center boom. Banks including JPMorgan ...