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 ...

Oracle laid off some employees on Tuesday, according to two employees and LinkedIn posts. The cuts come as Oracle is trying to cut costs. The company's stock has dropped nearly 30% this year as AI ...

Oracle's latest results have improved investor confidence as it continues to sign more deals for its AI infrastructure. Oracle has adopted a smart strategy of funding data center expansion efforts ...

Oracle is converting its massive backlog into revenue, which should accelerate growth in the next couple of years. The company's earnings growth potential and valuation suggest it is likely to deliver ...

Companies such as Meta, Amazon, and Oracle have said they're trimming staff this year. Pinterest, for one, cited AI as a factor in its decision to shed less than 15% of its workforce. See the list of ...