Oracle stock closed down Tuesday as its relationship with ChatGPT-developer OpenAI is under scrutiny again—and taking down much of the AI trade with it even though the tech start-up has pushed back.

For decades, enterprise software has acted as a digital filing cabinet or system of record where human workers painstakingly log the daily operations of a business. Now, Oracle wants to flip that ...

Oracle is undervalued at $150, with a fair value estimate between $173 and $180 per share on a 12-month view. Despite negative free cash flow and $162B in debt, ORCL's $553B RPO and accelerating ...

In 2021, Oracle was granted a major economic development deal to build a Nashville tech campus. Publicly disclosed design details and development timelines have been scarce in the years since the deal ...

Oracle’s stock has been on a prolonged slide since last fall as investors have questioned the company’s ambitious artificial-intelligence business strategy. Fears that Oracle ORCL is overspending on ...

Thousands of Oracle employees were let go recently in a workforce reduction that analysts have estimated could affect up to 30,000 workers. Reporting has linked the cuts to funding the company’s AI ...

Sidetrade (Euronext Growth: ALBFR.PA), the AI-native Order-to-Cash platform recognized as a Leader in the Gartner® Magic Quadrant™, unveils “O2C Intelligence 2030,” a four-year strategic plan that ...

Oracle shares traded slightly lower on Wednesday after news that the company was laying off thousands of workers. The software giant recently said it is raising $50 billion for its data center ...

A few weeks after wide speculation that HR tech giant Oracle was eyeing a massive reduction in force to help fund its AI ventures, layoff notices started hitting this week. According to reports, ...

Oracle’s Cloud Experience Center in downtown Seattle. (GeekWire File Photo / Todd Bishop) Oracle is laying off 491 employees in Washington state, according to a filing Tuesday from the state ...

Oracle has cut an unspecified number of jobs as the software giant looks to reduce costs and continue growing its artificial intelligence business, according to former employees and multiple reports.

Oracle on Tuesday reportedly began notifying employees that it is moving forward with a round of layoffs as the company looks to reduce costs. The number of layoffs is in the thousands, according to a ...