Oracle’s global workforce fell by about 21,000 in the 12 months through May, while $700 million was added to its fiscal 2026 restructuring costs, taking the planned total to $2.8 billion.
OpenAI projects deep cash burn through 2030 as it expands AI capacity and seeks funding with a valuation over $1.2 trillion amid rising competition.
On September 2, 2026, Ashley Kramer joins ElevenLabs as Chief Revenue Officer, stepping into a newly created role at a fast-growing company in AI.
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Why Oracle (ORCL) stock is trading lower today
Shares of enterprise software giant Oracle (NYSE:ORCL) fell 3.4% in the afternoon session after Business Insider reported that co-CEO Clay Magouyrk stated during an internal town hall that the company ...
New Mexico State University engineering and science students at a recent career fair saw how they can work for Project Jupiter.
SoftBank Group Corp. is significantly increasing its funding for artificial intelligence projects with nearly $21 billion in new borrowings. This expansion includes raising $10 billion to $20 billion ...
Oracle (ORCL) stock surged 5.2% after Q1 earnings beat, cloud revenue jumped 121%, and OpenAI funding news boosted sentiment. Analysts see upside to $252.
Oracle built infrastructure for the AI boom long before it broadly deployed generative AI tools across its own workforce.
Friday marks the anniversary of the Doña Ana County Commission's approval of $165 billion in industrial revenue bonds for Project Jupiter — a massive artificial intelligence data center campus in ...
Democrat Gubernatorial candidate Deb Haaland would support legislation for a statewide data center moratorium.
Broadcom and Oracle have underperformed over the past year, but they could jump significantly given their impressive growth and bright prospects.
Notably, Oracle's massive backlog isn't completely without risk. Of its RPO, roughly $300 billion comes from OpenAI -- the ...
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