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Oracle cutting thousands of jobs to cut costs amid AI push

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Overview
 · 4h
Tech giant Oracle makes 'significant' job cuts
Artificial intelligence (AI) giant Oracle made "significant" job cuts on Tuesday, according to senior employees posting online.

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 · 7h · on MSN
Oracle cutting thousands of jobs to cut costs amid AI push: report
 · 8h · on MSN
Oracle’s stock rises as company reportedly begins thousands of job cuts
 · 8h
Oracle layoffs: Bad news for employees as tech giant to cut 30000 jobs, says report, reason is…
Oracle has begun another round of layoffs across its global offices, and it has left many employees completely shocked.

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 · 9h
Oracle to cut thousands of jobs in latest layoff round as AI investment ramps up
 · 11h
Oracle cutting thousands in latest layoff round as company continues to ramp AI spending
TweakTown
1y

Oracle to use 130,000+ NVIDIA Blackwell AI GPUs supercluster, powered by 3 nuclear reactors

NVIDIA and Oracle will be launching zettascale OCI superclusters with over 100,000 AI GPUs, with new infrastructure to accelerate AI training and deployment of generative AI models. NVIDIA GB200 liquid-cooled bare-metal instances for large-scale AI ...
7d

Oracle Fusion agentic applications signal shift toward autonomous enterprise software

Oracle Corp. is imbuing its Fusion applications with agentic artificial intelligence in a move aimed at shifting operational software from an assistive role into direct execution of business processes.
CNBC
3mon

Don't use Oracle and its challenges as a barometer for the many great AI stocks we own

The broader AI trade is back in the hot seat because of Oracle. It shouldn't be. Oracle shares were getting crushed on Thursday following a quarterly sales miss, a disappointing guide, and a spending outlook increase. The magnitude of the stock decline was ...
5don MSN

This Decision in 2019 Was Oracle's Smartest Move -- and It May Be the Ticket to Explosive AI Growth.

Oracle has put its focus on the cloud.
Computer Weekly
6d

Oracle applications chief sees enterprise AI agents as task-specific helpers

Fusion Agentic Applications - how should AI agents be used, how is it priced and what safeguards are being put in place
InfoWorld
2y

Microsoft to use Oracle’s OCI Supercluster for Bing conversational searches

Microsoft and Oracle have entered into a multiyear agreement to support inferencing of AI models that are being optimized to power Bing’s conversational searches. In an extension of their AI partnership, Oracle and Microsoft have signed a multiyear ...
Neowin
2y

Microsoft will use Oracle Cloud Infrastructure to help power Bing conversational searches

Microsoft and Oracle have announced another new multi-year agreement that will let Microsoft use Oracle Cloud Infrastructure to power its Bing services. Financial details were not disclosed. In September, Microsoft and Oracle made a joint announcement ...
Redmond Magazine
2y

Microsoft To Use Oracle Cloud for Bing AI Search

In an attempt to meet the demand of Microsoft's AI services, the company has signed a multi-year deal to use Oracle Cloud Infrastructure (OCI) for compute resources. Specifically, Microsoft will leverage Oracle's GPU superclusters, in conjunction with its ...
InfoWorld
2y

Oracle’s Database 23c gets vector search to underpin generative AI use cases

The semantic search capabilities added to the database offering include a new vector data type, vector indexes, and vector search SQL operators. Oracle is planning to add vector search capabilities to its database offering, dubbed Database 23c, the company ...
Wall Street Journal
2y

Oracle Could Really Use the Love Now

Oracle is more popular on Wall Street than it has been in years. As the software giant’s latest results show, that doesn’t always prove to be a good thing. Ahead of Oracle’s fiscal first-quarter report late Monday, 47% of analysts covering the stock ...
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