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 scale of the cuts was revealed in a regulatory filing Monday, showing Oracle’s workforce shrank from 162,000 full-time ...

Oracle has decreased its workforce by tens of thousands in the past year while spending $70 billion to fund its AI expansion.

Oracle’s stock fell on Monday after the company disclosed that it cut about 21,000 jobs, or 13% of its workforce, in fiscal ...

With a new class of enterprise applications that execute end-to-end processes, Oracle is showing how enterprise software has ...

Buy ORCL. The selloff was driven by capex/financing fears (negative free cash flow, $40B raise, heavy AI buildout), but results beat (Q4 revenue +21%, EPS $2.03 vs $1.96) and guidance held (FY27 ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Oracle Corp. released its 2025 ...

The companies at the frontier of artificial intelligence should be ready to slow down, one of the fastest-moving among them says. Anthropic, the maker of the Claude chatbot, has claimed AI systems may ...

RSI is also defined as an “AI system capable of fully autonomously designing and developing its own successor,” per Anthropic’s blog post. “We are not there yet, and recursive self-improvement is not ...

Continuing its commitment to delivering the most complete portfolio of database security solutions for the enterprise, Oracle today announced the availability of Oracle Audit Vault and Database ...

Recursive Superintelligence has raised $650 million at a $4.65 billion valuation in a funding round led by GV and Greycroft, according to the company. The round also included participation from AMD ...

Recursive Superintelligence Inc., a startup that hopes to develop self-improving artificial intelligence models, launched today with $650 million in funding. Alphabet Inc.’s GV fund and Greycroft led ...