Oracle begins another round of layoffs even as AI business surges

Oracle began another round of layoffs Monday after reporting booming AI cloud revenue and billions in new contracts.

Oracle cloud revenue more than doubles as AI demand drives growth

Oracle posted strong quarterly growth as AI demand fueled cloud infrastructure expansion.
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Austin-based Oracle Corp. weighs more job cuts as AI spending grows

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Oracle to build major Austin campus

AUSTIN, Texas (AP) -- Software giant Oracle Corp. plans to build a new corporate campus in Austin, the company said Tuesday. The company confirmed to the Austin ...