Part of the market's concern seems to center on what all of this growth costs. Oracle said it plans to raise about $40 billion in fiscal 2027 to help fund its artificial intelligence (AI) data center ...
A record earnings beat wasn’t enough for Oracle to satisfy investors, who are looking for more definitive proof of a successful artificial-intelligence business transformation. Shares of Oracle ORCL ...
The Office of Personnel Management on Wednesday awarded its anticipated contract to modernize and consolidate federal human resources functions to Oracle, capping a process that’s been over a year in ...
The Office of Personnel Management is using the contract to consolidate more than 100 systems into a single platform covering 2 million federal employees. The Office of Personnel Management is ...
Discover the best software development project management tools, tested for agile teams, DevOps pipelines, and enterprise ...
As widespread public skepticism surrounds a growing number of data center projects in New Mexico to support artificial intelligence, Oracle is launching a new ad campaign touting the economic, ...
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 ...
Oracle Corp. agreed to purchase as much as 2.8 gigawatts of fuel-cell power from Bloom Energy Corp. to supply data centers for artificial intelligence work. An initial 1.2 gigawatts of capacity has ...
Oracle on Monday announced it hired a new chief financial officer after the software giant moved forward with layoffs last week. The company announced that Hilary Maxson will serve as the new CFO, ...
As thousands of Oracle employees awoke on Tuesday to an email informing them they were being laid off, the workers likely didn’t know the tech company had been busy trying to hire foreign staff.
Steven Musil is a senior news editor at CNET News. He's been hooked on tech since learning BASIC in the late '70s. When not cleaning up after his daughter and son, Steven can be found pedaling around ...
Oracle ORCL-2.38%decrease; down pointing triangle began to significantly reduce its workforce Tuesday while it continues to build out costly data centers for artificial-intelligence development. The ...
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