The additional spend covers redundancy packages and other exit costs as increasingly powerful AI models allow the company to cut software jobs.

Oracle shares climbed hard after the company posted quarterly numbers that beat Wall Street estimates and lifted its fiscal 2027 revenue target. The stock rose as much as 10% in extended trading on ...

Oracle co-CEO Mike Sicilia and Chief Technology Officer and co-founder Larry Ellison dismissed concerns around a “SaaSpocalypse” of more traditional enterprise software-as-a-service vendors getting ...

The company is doing whatever it can to stay ahead of its competitors in the field of AI.

Oracle Health has launched a device validation program aimed at standardizing how medical devices connect to health systems and electronic health records. The company introduced the Oracle Health ...

At its GTC conference, Nvidia is expected to share some of its vision for incorporating technology from AI chip startup Groq.

This Q3 was the first quarter in over 15 years where organic total revenue and non-GAAP earnings per share both grew at 20% or more in USD. Cloud revenue was at the high end of our guidance, total ...

Oracle Health has introduced a new three-tier validation framework for medical devices that it says standardizes approaches to validating connectivity, functionality and workflow alignment and will ...

Global technology group e& is accelerating its artificial intelligence (AI) strategy by modernising human resources for its 10,000-strong workforce using Oracle Fusion Cloud Human Capital Management ...

Oracle Corp (NYSE: ORCL) strengthened its position in both defense cloud computing and enterprise AI this week, securing a new military contract while expanding its artificial intelligence offerings ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Katie Dulle, 35, is strategic ...

The so-called ‘SaaSpocalypse’ theory and its supposedly disruptive impact of AI on traditional software firm business models have not been far beneath the surface of conversations this week at the ...