Oracle shed 13% of its workforce while spending $55.7 billion on data centres. Its SEC filing explicitly cites AI adoption as the cause of job losses.

The monsoon of memories flowed through Tyler Rogers’ mind. Rogers appeared in 196 regular-season games at Oracle Park over ...

Oracle topped quarterly expectations, but free cash flow is negative, and the company plans to raise more capital for data center projects.

June 22 (Reuters) - Oracle's total workforce declined 13%, or about 21,000 employees, in fiscal 2026, as the cloud computing ...

"The adoption and deployment of AI technologies across our operations have resulted, and may continue to result, in ...

Other takeaways from the filing, the company's guidance and a prospectus on its capital needs suggest that Oracle's capex ...

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Instead, investors seem focused on the bill. Oracle's capital expenditures hit $55.7 billion in fiscal 2026 -- above the $50 billion management forecast in March -- and free cash flow came in at ...

Insurer regulatory filing documents, customer bulk orders, and more, stolen in a major zero-day supply chain attack ...

A developer believes Lakeland is a prime location for data centers, which could provide significant tax revenue. Residents have raised concerns about the power and water demands of a proposed data ...

NASHVILLE, Tenn. (WSMV) - Nashville Zoo officials are opposing a proposal to build a data center next to their property. Developers are seeking to turn land along Grassmere Park into a ...