The cloud company's backlog has become a key gauge of AI demand.

Shares of Oracle ( ORCL 5.64%) shot up 39.9% in May, according to data from S&P Global Market Intelligence. After rising to ...

OpenAI, Oracle and Related Digital discuss the Stargate Michigan buildout, AI infrastructure, jobs and community plans.

Nvidia Vera serves as the CPU powering standalone Vera servers, the NVIDIA Vera Rubin systems, and the Vera BlueField-4 STX ...

NVIDIA started full production of its 88-core Vera CPU, built specifically for AI agent workloads. Early adopters include OpenAI, Anthropic, Oracle Cloud, ByteDance, and CoreWeave. NVIDIA says Vera ...

Cloud data warehouse Snowflake plans to spend $6 billion on Amazon’s custom Graviton CPUs and AI accelerators over the next five years. The collab aims to reduce friction in connecting Snowflake ...

Oracle has cut an unspecified number of jobs as the software giant looks to reduce costs and continue growing its artificial intelligence business, according to former employees and multiple reports.

Oracle is conducting a round of layoffs, two people familiar with the move told CNBC. The layoffs were in the thousands, the people said. The software maker has continued to increase spending on data ...

You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Oracle started laying off staff on Tuesday as the company seeks to cut costs. Employees started ...

Employees across the US, India, Canada, and Mexico woke up on 31 March to termination emails from “Oracle Leadership” with no prior warning. TD Cowen estimates the cuts will affect 18% of Oracle’s 162 ...

You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Oracle started laying off employees on Tuesday, according to two affected workers and several social ...