Oracle’s layoffs are what happens when AI meets corporate make-work, but what happens to the people cut loose?

ISSAQUAH, WA – Reetail giant Costco Wholesale Corp is setting up its first technology center in India, to be located in Hyderabad, according to sources familiar with the plans who spoke to Reuters.

On March 31, thousands of Oracle employees received the dreaded layoff email as the company turns its focus toward artificial ...

Oracle is laying off 539 employees at its Kansas City campus as part of a nationwide cut to reallocate resources toward AI ...

Up to 10,000 employees have been impacted by the decision, which Oracle said was part of a "broader organizational change." ...

I’m not writing this out of anger,' the laid off Oracle employee's husband shared. 'I’m writing this because people need to ...

Nvidia CEO Jensen Huang said Tuesday (March 17) that he believes AI will increase productivity and create jobs rather than eliminate them, speaking during a Q&A session with journalists and creators ...

Indiana is looking to build on the swell of investments that have poured in from major drugmakers over the years with its own billion-dollar commitment that could establish the state as a prime spot ...

The sale of a 25-acre property in Pittsburgh’s West End — dormant for nearly 15 years — is expected to boost local tax revenue and spur economic redevelopment in the city’s Fairywood section. The ...

Birmingham-based contractor Brasfield & Gorrie is planning a $64.5 million expansion of its Magic City headquarters, in a move the company says will create 80 new jobs. Officials with the company ...

Oracle (ORCL) has $523B RPO (up 438%), $16.06B revenue missed estimates, down 13% on earnings and 23% YTD, free cash flow -$362M. Blue Owl (OWL) down 34% YTD. Nvidia (NVDA) revenue $68.13B, up 73%.

OpenAI is walking away from expanding its flagship Stargate data center with Oracle because it wants next-generation Nvidia chips at new sites instead. Oracle is the only major player funding the AI ...