Over the past few weeks, cracks have started to appear in the tech sector’s growth plans for artificial intelligence.

There’s limited evidence that Oracle is replacing workers with AI en masse—but the company is planning thousands of job cuts while investing tens of billions of dollars in data centers.

Oracle CEO Clayton Magouyrk said on an earnings call the company's model of having customers provide data chips for new data center builds is working.

The cloud-computing company posted a profit of $3.72 billion and raised its fiscal 2027 revenue outlook to $90 billion as AI demand continues to outpace supply.

Oracle reported third-quarter revenue of approximately $17.2 billion in early March, a 22% increase year-over-year. The company's remaining performance obligations — contracted future revenue not yet ...

Oracle shares surged about 12% on Wednesday after the software giant's upbeat revenue forecast eased concerns over its hefty ...

Oracle's latest results clearly suggest that its investments in AI infrastructure are paying off.

Cloud and AI growth beat expectations while investors grow less worried about Oracle’s debt plans and software disruption.

Shares of Oracle and chipmakers rose on Wednesday after a strong earnings report signaled AI demand remains healthy, but ...

March 10 (Reuters) - Oracle beat ⁠Wall ⁠Street estimates for ⁠third-quarter revenue on Tuesday, as robust ​demand for its cloud computing services, driven ‌by the artificial intelligence ‌boom, helped ...

The expanded fund, disclosed in a filing with the US Securities and Exchange Commission following Oracle's quarterly earnings report, has heightened concerns that the company's restructuring ...

Oracle Corp. told investors that surging demand for artificial intelligence infrastructure will sustain its data center expansion through at least 2027, a forecast that sent shares up roughly 8% after ...