Oracle plans thousands of job cuts as data center costs rise, Bloomberg News reports

March 5 (Reuters) - Enterprise software company Oracle is planning thousands of job cuts as it faces a cash crunch from a ...

Oracle plans thousands of job cuts as data center costs rise

Investors have grown worried about how it would fund the data center expansion needed to serve customers including OpenAI, Elon Musk's xAI and Meta.

Oracle plans to lay off thousands of employees due to AI data center buildout expenses: report

Oracle plans thousands of layoffs as it ramps AI data center spending and targets $45–$50B for cloud capacity.
Blockonomi

RedStone Oracle Integration Transforms Stellar’s DeFi Infrastructure

RedStone deploys enterprise oracles on Stellar mainnet, providing DeFi developers with real-time BTC, ETH, USDC price feeds ...
Opinion
Database Trends and ApplicationsOpinion

OCI Adds Generative AI, Exadata Cloud@Customer, and More Authorized Services for U.S. Government Customers

For U.S. government organizations and their supporting companies, Oracle Cloud Infrastructure (OCI) is expanding its list of authorized services. With new DISA IL5 and FedRAMP High approvals, Oracle U ...

OpenAI's AI data agent, built by two engineers, now serves thousands of employees — and the company says anyone can replicate it

OpenAI’s internal AI data agent searches 600 petabytes across 70,000 datasets, saving hours per query and offering a blueprint for enterprise AI agents.
Becker's Hospital Review

Why this CIO treated an EHR decision as an operating model reset

When Mt. San Rafael Hospital and Clinics decided to move to Oracle Health’s EHR platform, CIO Michael Archuleta did not frame it as a technology replacement. “We moved to Oracle Health because we’re ...
San Francisco Fed

Treasury Yield Premiums

This data series is part of the Center for Monetary Research. The Treasury yield premium model by Jens H.E. Christensen and Glenn D. Rudebusch (CR) decomposes the nominal yield curve into three ...