Indiatimes

Oracle can't stop explaining 'all is well' after $300 billion 'OpenAI Shock', says: We are also…

Oracle is actively promoting its AI data center progress and job creation efforts amidst significant investor concerns. The company's massive $300 billion OpenAI cloud contract, signed in September ...
Indiatimes

Oracle may lay off up to 30,000 employees, and one of the Big reasons is the company's 'commitment' to Sam Altman's OpenAI for…

Oracle faces massive job cuts, potentially 20,000-30,000, to fund its costly $300 billion OpenAI partnership. The tech giant has already spent $58 billion on data centers and is struggling with rising ...
Mint

Oracle layoffs: Which departments will get affected? Here's what we know

Tech major Oracle is reportedly planning to cut as many as 20,000 to 30,000 jobs globally, as the company looks to redirect resources towards building Artificial Intelligence data centres, a report by ...
NDTV

Oracle Plans To Lay Off 20,000 To 30,000 Employees: Report

Oracle, a US-based multinational, is mulling over laying off around 20,000 to 30,000 employees, which is approximately 10% of its workforce, CIO reported, citing investment bank TD Cowen. The plans of ...
The Guardian

TikTok announces it has finalized deal to establish US entity, sidestepping ban

Majority US-owned venture includes Larry Ellison’s Oracle, private-equity group Silver Lake and Abu Dhabi’s MGX TikTok announced on Thursday it had closed a deal to establish a new US entity, allowing ...
Reuters

Oracle sued by bondholders over losses tied to AI buildout

NEW YORK, Jan 14 (Reuters) - Oracle (ORCL.N), opens new tab was sued on Wednesday by bondholders who say they suffered losses because the company ‌chaired by billionaire Larry Ellison failed to ...
T&D

Oracle SQL Developer Migration Workbench Eases Move to Oracle Database 11g

Oracle has announced the general availability of Oracle SQL Developer Release 1.2 that features new capabilities to ease the migration and consolidation of third-party databases onto Oracle Database ...
Investopedia

Oracle Stock Is Plunging Despite New Commitments From Nvidia and Meta. Here's Why.

Kara Greenberg is a senior news editor for Investopedia, where she does work writing, editing, and assigning daily markets and investing news. Prior to joining Investopedia, Kara was a researcher and ...
The Motley Fool

Prediction: Oracle Will Surpass Amazon, Microsoft, and Google to Become the Top Cloud for Artificial Intelligence (AI) By 2031

Oracle is on its way to becoming the best cloud for AI and high-performance computing. Oracle multicloud is cutting networking complexity and reducing data transfer latency. OpenAI will need to raise ...
Nasdaq

Oracle Launches Java 25 With AI, Security, And Developer Productivity Enhancements

(RTTNews) - Oracle (ORCL) has released Java 25 - Oracle JDK 25, the latest version of the world's most widely used programming language and development platform. Designed to boost developer ...
TechRadar

OpenAI bets $300 billion on Oracle contract to power artificial intelligence expansion despite ongoing losses

OpenAI signs $300 billion Oracle contract starting in 2027 to expand AI capacity Oracle shares jump over 40 percent after reporting $317 billion in future revenue Deal raises risks as OpenAI loses ...