Oracle Corp. is planning to ax thousands of jobs, among its moves to handle a cash crunch from a massive AI data center expansion effort. The job reductions will affect divisions across the company ...
Oracle launches an AI-powered Construction and Engineering Advisor for Safety, using data from 10,000 project-years to help firms predict risks and improve jobsite safety.
Investors have grown worried about how it would fund the data center expansion needed to serve customers including OpenAI, Elon Musk's xAI and Meta.
Oracle will report third-quarter results on Tuesday. Its shares fell more than 15% last year, with its December results showing about $10 billion in cash burn for ​the first half of the fiscal year.