Oracle stock dips despite recent rally and strong premarket gains. Reported layoffs aim to fund aggressive AI infrastructure expansion. Analysts remain bullish on long-term AI and cloud-driven growth.

Reports: Oracle announces mass layoffs Austin-based tech giant Oracle is reportedly starting another round of board layoffs.

Oracle is conducting a round of layoffs, two people familiar with the move told CNBC. The layoffs were in the thousands, the people said. The software maker has continued to increase spending on data ...

The company is reportedly seeking a valuation in the range of $1.75 trillion. An IPO prospectus would provide investors with a much deeper look into the company's financials. Elon Musk's SpaceX ...

MOSCOW, March 25 (Reuters) - At least 40% of Russia's oil export capacity is at a halt following Ukrainian drone attacks, a disputed attack on a major pipeline and the seizure of tankers, according to ...

OpenAI said Tuesday it is releasing a set of prompts that developers can use to make their apps safer for teens. The AI lab said the set of teen safety policies can be used with its open-weight safety ...

March 24 (Reuters) - Microsoft has agreed to rent a data center project in Texas that was originally being developed for ‌Oracle and OpenAI, Bloomberg News reported on Tuesday, citing people familiar ...

SAN FRANCISCO, March 23 (Reuters) - Oracle is revamping its cloud-based financial software used by large companies to work with artificial intelligence agents, with a goal of having humans ask the ...

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Musi, a free music-streaming app that had tens of millions of iPhone downloads and garnered plenty of controversy over its method of acquiring music, has lost an attempt to get back on Apple’s App ...