For fusion startups, the hard part is over: Thanks to a groundbreaking experiment in 2022, we know that controlled nuclear fusion reactions can generate more power than they consume. But now companies ...

Oracle carries a $638 billion AI backlog but funds expansion through debt, unlike cash-rich rivals Microsoft, Amazon, and Alphabet. More than half of Oracle's backlog ties to OpenAI alone, creating ...

Oracle's stock fell 19% this week, the steepest drop since August 2001, the depths of the dot-com bust. The company's capital expenditures surged 162% in the latest fiscal year, with almost $24 ...

On Tuesday, Sen. Elizabeth Warren warned that AI could eliminate millions of jobs, pointing to Oracle’s latest annual filing as a stark example. The database giant cut 21,000 employees over the past ...

Oracle is spending big on artificial intelligence—to the tune of $70 billion this year alone—in order to build data centers and AI-capable servers. But that AI expansion hasn’t come without a human ...

OpenAI likely makes up the largest portion of Oracle's $638 billion backlog. Oracle has taken on massive amounts of debt to fund its AI expansion. The company's P/E multiple is slightly below its five ...

It has now been more than nine months since Oracle's report for the first quarter of fiscal 2026 (ended Aug. 31, 2025). At the time, its remaining performance obligation (backlog) in fiscal Q1 had ...

Badly damaged tech company Oracle (NASDAQ: ORCL) fired 21,000 people. It said they were being replaced by AI. It is 13% of the company's total workforce. Oracle took ...

Oracle fired 21,000 workers citing AI adoption, but stock down 14% and negative free cash flow of $1.87 billion suggest financial distress. Unlike MSFT and GOOG, Oracle burned $23.7 billion in cash ...

The growing use of AI contributed to Oracle laying off 21,000 workers in a year, according to a Securities and Exchange Commission filing on Monday. In its annual regulatory filing for the fiscal year ...

Oracle reduced its workforce by 13% over the past 12 months and cited AI deployment in an annual filing on Monday. The company currently employs 141,000 full-time workers, down from 162,000 the ...

A hot potato: As tech executives' narrative around AI-related job losses becomes one of "things aren't that bad" and even "what job losses?" Oracle has reduced its workforce by 21,000 people this ...