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On Tuesday, Oracle Corporation said its rapidly expanding AI data center business is already profitable, though heavy construction and expansion costs are temporarily weighing on overall margins.

An Austin-based software giant has set aside billions for restructuring, raising concerns about potential job cuts as the company ramps up spending on artificial intelligence tools and data center ...

When Oracle HCM leaders told HR teams at Oracle AI World last October that 2026 would be “the year of operationalizing AI,” the promise screamed scaling technology. Four months later, when Oracle ...

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. Shares of Oracle, the decades-old database software company scrambling to break into the ...

Oracle stock popped as the company reported strong fiscal third-quarter earnings and reassured investors about its AI cloud computing plans. CEO Clayton Magouyrk touted Oracle's ...

Oracle's third-quarter cloud infrastructure revenue surged 84% year over year, accelerating significantly. The software giant's remaining performance obligations climbed to a staggering $553 billion.

During the company's fiscal third-quarter earnings call, Oracle Co-CEO Clay Magouyrk said the company's AI infrastructure is delivering healthy returns even as the tech giant aggressively builds new ...

Oracle's OCI revenue is growing 66% YOY, outpacing AWS and Azure. Oracle is selling profitable business units and accumulating tens of billions in debt to fund the data center expansion needed to ...