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Oracle's shift on capex spending could change the stock's value proposition.
Oracle has reportedly announced job cuts within its cloud division, reflecting a trend among companies managing expenses in light of escalating investments in AI infrastructure. Employees were ...
Oracle plans to spend over $1 billion annually powering a massive 1.4-gigawatt Texas data center with gas generators to meet urgent AI computing demands.
Oracle Corp. is cutting jobs in its closely watched cloud unit, the latest company taking steps to control costs amid heavy ...
Oracle has cut over 150 jobs in its cloud unit, mainly in Seattle, amid soaring AI infrastructure costs. While still hiring ...