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 ...

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 ...

Oracle is also investing in infrastructure for artificial intelligence at a manic pace. Not only does Oracle want to raise 50 billion US dollars this year through promissory notes and newly issued ...

June 22 (Reuters) - Oracle's (ORCL.N), opens new tab total workforce declined 13%, or about 21,000 employees, in fiscal 2026, as the cloud computing giant continued restructuring its business, partly ...

Oracle cut 21,000 jobs over the past year, including AI-related layoffs The workforce dropped from 162,000 to 141,000 as of May 31 fiscal year-end AI adoption contributed to ongoing workforce ...

Ty Roush is a breaking news reporter based in New York City. The Oracle chairman ranked the world’s second-richest person earlier this month. Shares of Oracle rose slightly (0.3%) as of Monday ...

The IT researchers from DefusedCyber posted on X on Monday that they have been observing attacks on this security vulnerability in their honeypot systems since the weekend. Until then, no exploitation ...

Special Bots are hidden Bots scattered throughout each biome of Astro's Playroom, and were added in the lead-up to the sequel, Astro Bot. Each represents a VIP Bot from Astro Bot, and can be found in ...

Regulatory filings and new business models suggest hyperscalers are shifting from simply building AI capacity to managing the enormous financial risks that come with it. Hyperscalers continue to ...

Federal prosecutors ripped down hundreds of artificial intelligence-generated phony social media accounts used by Russian operatives to create a "bot farm" that spread lies and pro-Vladimir Putin ...