Oracle sues Wisconsin regulators over data center finance requirements

Oracle's lawsuit asks Ozaukee County judges to loosen new rules requiring financial guarantees for data center companies with lower credit ratings.

Oracle’s 21,000 layoffs help drive its debt-fueled AI investments

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.

Did Oracle Need To Fire 21,000 Because It Is In Trouble?

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 a charge of $1.84 billion. In its 10K,

Oracle cuts 21,000 workers as part of its massive AI push

Oracle's workforce shrank by about 21,000 employees over the past year as the tech company spent heavily on AI and cloud infrastructure, according to a new filing.

Oracle falls most in six months on mounting data center costs

Oracle Corp. shares declined by the most in six months after the company reported quarterly capital expenses that were higher than estimates, raising investor concerns about the profitability of the AI infrastructure business.
Forbes

Oracle Meets AWS: New Partnership Delivers Best Of Two Cloud Worlds

Forbes contributors publish independent expert analyses and insights. Chief Analyst & CEO, NAND Research. Oracle and Amazon Web Services jointly announced the launch of Oracle Database@AWS. The new offering allows customers to access Oracle Autonomous ...
Android

Oracle Cuts 21,000 Jobs to Fuel Massive AI-Driven Expansion

Oracle’s annual regulatory filing confirms the company cut 21,000 jobs over the past year, dropping its global headcount to 141,000. These restructurings aim to free up billions in cash to fund massive AI data center projects, including a major ...
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OpenAI, Oracle data center developer fined $6,500 for trucks using back roads

SALINE TWP., MI — Construction vehicles are banned from using back roads near a massive hyperscale data center being built in Saline Township, but some drivers have violated the court-ordered rule. Data center construction traffic is only allowed on West Michigan Avenue/U.
Forbes

How Oracle AI Database 26ai Addresses The Enterprise AI Data Paradox

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. Every enterprise IT executive faces the same AI paradox: their most valuable data sits locked in production databases, while the latest AI tools ...

Oracle laid off 741 Seattle employees in one year. It’s blaming AI

Oracle said artificial intelligence caused some of its layoffs over the past year, along with the costs of its data center buildout.