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Oracle cuts cloud division jobs amid surge in AI spending
More than 150 jobs were cut in the Seattle area, which is traditionally the unit’s hub, according to two people familiar with the figures. Oracle said last year it was moving its headquarters to Nashville, and the company currently has more jobs listed in Tennessee than any other state.
The layoffs come as Oracle accelerates its AI strategy through the Stargate joint venture with OpenAI and SoftBank. This ...
Oracle shares are trading higher Thursday morning. Investors are weighing the company's aggressive AI push against its ...
Oracle has picked up its fifth new lobbying firm this year. The software giant retained Duddington Global Strategies’ Brendan ...
Shares of Oracle Corp. ORCL shed 3.81% to $244.18 Wednesday, on what proved to be an all-around favorable trading session for ...
Oracle and Alphabet said on Thursday their cloud computing units have struck a deal to offer Google's Gemini artificial ...
Notably, the new initiatives follow KPMG’s launch of Workbench, which is a global AI platform designed for interoperable ...
Zacks Investment Research on MSN1d
Oracle Corporation (ORCL) Is a Trending Stock: Facts to Know Before Betting on It
Oracle (ORCL) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Shares ...
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