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Oracle's Mark Hura argues that enterprise AI success hinges on data strategy, not model selection. At the RAISE Summit in Paris, he emphasized that companies leveraging their unique data assets will gain a competitive edge in the AI landscape.
Oracle investors are suing the company, claiming it concealed the true risks of its $300 billion OpenAI deal. The lawsuit raises concerns about transparency in AI industry partnerships.
Oracle has cut 21,000 jobs this year, explicitly blaming AI adoption for the workforce reductions. The company’s SEC filing highlights the growing trend of automation in enterprise operations.
Oracle's workforce has shrunk by 13%—or about 21,000 employees—during its 2026 fiscal year, as the company focuses on AI and automation.
A critical zero-day vulnerability in Oracle's PeopleSoft software has compromised hundreds of organizations, enabling attackers to steal gigabytes of sensitive data.
A critical unpatched vulnerability in Oracle PeopleSoft has been exploited by threat actors to breach over 100 organizations, with no patch yet available.
Oracle reported a 21% year-over-year revenue increase and exceeded earnings estimates, but its $55.7 billion capital expenditure—$5.7 billion above guidance—signals a major infrastructure push.
Oracle’s stock has dropped nearly 50% since September, but Wall Street analysts remain largely bullish, with 41 out of 51 giving it a buy rating. The disconnect between market performance and analyst sentiment has sparked debate among investors.
Oracle's bold AI strategy, which focuses on integrating AI into its existing enterprise software rather than building foundational models, is becoming a key indicator of the AI industry's health.
Oracle has secured a record-breaking $16.3 billion financing for a single data center campus in Michigan, the largest single-facility technology debt package ever assembled. PIMCO led the financing as other U.S. banks hesitated due to concerns over AI infrastructure demand sustainability.
Oracle has appointed Hilary Maxson, former CFO of Schneider Electric, as its new chief financial officer to lead its $50 billion AI infrastructure push.
Oracle is laying off thousands of employees to fund its AI infrastructure expansion, betting on billions in future revenue, including a $455 billion order from OpenAI.
