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Son is also pursuing a $6.5 billion acquisition of Ampere Computing and reportedly eyeing up to $30 billion in OpenAI funding ...
Oracle is laying off 161 workers in Seattle, according to a filing with the Washington state Employment Security Department.
Oracle layoffs come as the company pours billions into building massive data centers for AI, pushing its cash flow into the ...
Reports of Oracle layoffs indicate cloud units in the US and India have primarily been affected, with reports emerging from ...
As energy consumption from AI surges, consumers will bear the burden through higher electricity bills and strain on an ...
Monarch's tractors were the only vehicles being built by Foxconn in Ohio after Lordstown Motors, Fisker Inc, and IndiEV went bankrupt.
Layoffs: In a June regulatory filing, Oracle had noted that it periodically reshapes its workforce due to strategy changes, ...
Behind your ChatGPT and Gemini queries, there's a land grab happening to keep up the fevered pace of gen AI's growth. The ...
HHS is slashing hundreds of millions in funding for mRNA vaccines and infectious disease treatments, but leaving the door ...
ORCL's cloud growth impresses, but rich valuation warrants caution. You can hold or wait for better entry points in 2025 as ...
Whether consumer-focused Meta will be able to convert its huge AI spending into bigger profits than business-focused players ...
Oracle ( NYSE: ORCL) is cutting jobs at its cloud unit, Bloomberg News reported, citing people with knowledge of the matter.