Oracle lays off 3,000+ employees worldwide as it restructures to focus on AI and cloud services, reflecting wider tech industry shifts amid automation and cost pressures.
Oracle integrates OpenAI’s GPT-5 across its database and cloud applications, aiming to boost enterprise productivity, automation, and decision-making with AI-driven innovation.
OpenAI is reportedly set to spend up to $30 billion annually on Oracle data center services, highlighting rising infrastructure demands for generative AI growth.
OpenAI expands Stargate deal with Oracle, adding 4.5 GW data center power in $30B cloud pact to boost AI infrastructure.
Larry Ellison outlines Oracle’s plan to lead in cloud databases, AI data centers, and enterprise applications with global expansion and AI-first strategy.
Oracle projects stronger revenue growth driven by soaring demand for AI-powered cloud services, prompting a rise in its shares and increased investor optimism.
