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 ...
Wall Street has shrugged off Oracle’s AI spending before. This time the company’s own paperwork is doing the warning.
Oracle (ORCL) shares traded in the red for seven straight sessions, as the stock closed 0.82% lower at $146.55 on Tuesday. The tech giant had already lost nearly 15.6% over the preceding six sessions.
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 ...
This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. AI is dramatically accelerating cyber threats, with attack breakout times now averaging just ...
Cloud computing giant Oracle has laid off hundreds of Seattle workers since last year, part of sweeping cuts to the company’s workforce. Oracle says artificial intelligence is to blame. The Austin, ...
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 ...
Oracle CTO and Executive Chairman Larry Ellison. Source: The Globe and Mail Oracle cut about 21,000 jobs in fiscal 2026 as it restructures around AI and cloud infrastructure, raising questions for ...
ORCL sits 49% below its 52-week high at $175 while a $638 billion AI backlog, up 363% year over year, locks in years of forward revenue. Bears flag negative $24 billion in free cash flow and a planned ...
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 ...
Back in March, it was widely reported that Oracle had sent anywhere between 10,000 and 30,000 employees an email, notifying them that it was their last day with the company. Now, we have a more ...