Oracle Corp. agreed to purchase as much as 2.8 gigawatts of fuel-cell power from Bloom Energy Corp. to supply data centers for artificial intelligence work. An initial 1.2 gigawatts of capacity has ...

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Oracle on Monday announced it hired a new chief financial officer after the software giant moved forward with layoffs last week. The company announced that Hilary Maxson will serve as the new CFO, ...

Software giant Oracle has named Hilary Maxson as its new chief financial officer amid thousands of layoffs that sent shockwaves through the company. Maxson, 48, formerly of Schneider Electric, assumes ...

Oracle's largest-ever round of layoffs didn't come with a phone call, a meeting, or a conversation with a manager. It came as an email. Sent from "Oracle Leadership" at 6AM in the US (3:30 PM IST), ...

Iran’s Islamic Revolutionary Guard Corps (IRGC) claims it has targeted an Oracle data center in Dubai, United Arab Emirates, according to Iranian state media. The alleged strike comes only two days ...

Oracle is building some of the most powerful and most cost-efficient AI data centers in the industry, and demand is through the roof. The company has a record $553 billion order backlog from AI ...

In India, an estimated 12,000 employees are said to have been affected. Thousands of employees at Oracle Corporation woke up to an unexpected and unsettling message early Tuesday morning -an email ...

Oracle has begun its largest-ever round of layoffs, with estimates suggesting up to 30,000 jobs could be cut globally—and the severance comes with strings attached. Affected employees will only ...

Around 12,000 employees in India are reportedly part of the 30,000 laid off by Oracle, a US-based tech giant, with another round of job cuts expected within a month. An exterior view of the Oracle ...

At Oracle World in Las Vegas in October, Oracle Corp. founder and CEO Larry Ellison got right to the point. “AI changes everything,” Ellison told attendees, and his company’s recent releases have ...

Cloud computing firm Oracle is laying off thousands of employees to cut costs, CNBC reported. According to Business Insider, employees have started receiving notifications on Tuesday. The full extent ...