Oracle announces agentic AI capabilities for Oracle AI Database, including Private Agent Factory, Deep Data Security, and ...
IBM announced it is offering the IBM Db2 Developer Extension for Visual Studio (VS) Code—now generally available. Developers live in VS Code, but Db2 development often means switching tools to set up ...
Oracle plans to cut thousands of jobs which will free up cash flow as the company aggressively invests in its AI data center ...
Oracle called recent news reports about Abilene's Stargate data center "false and incorrect" this week. Media reports surrounding the expansion of the artificial intelligence data center indicated a ...
The cuts come as the software giant invests billions of dollars in expanding its artificial intelligence infrastructure.
Oracle's layoffs affect more than 230 software developers and an additional 48 software development employees in Washington ...
Oracle is cutting staff as the company seeks to curb cost while it invest in AI infrastructure.
Oracle on Tuesday predicted that the AI data center boom will power its revenue above Wall Street estimates well into 2027, sending its shares up 8.3% in extended trading. The results help to allay ...
Oracle CEO Clayton Magouyrk said on an earnings call the company's model of having customers provide data chips for new data ...
Oracle (ORCL) down 22% YTD to $151.56 despite $523B in Remaining Performance Obligations up 438% and multicloud database up 817%. Nvidia (NVDA) data center revenue $62.31B up 75%, Broadcom (AVGO) AI ...
Oracle began layoffs on Tuesday as it seeks to cut costs. Read the email it sent to affected employees.
Investor Michael Burry, in a post on X on Tuesday, claimed that OpenAI backed out of a major data centre arrangement with Oracle because it preferred a different generation of chips from Nvidia.