Oracle Just Revealed a Massive $638 Billion Backlog. Here's Why the Stock Fell Anyway.

The cloud giant's record quarter came with a reminder of just how expensive its artificial intelligence build-out has become.

Oracle Corporation (ORCL) Q4 2026 Earnings Call Transcript

Q4 2026 Earnings Call June 10, 2026 5:00 PM EDTCompany ParticipantsKen Bond - Senior Vice President of Investor ...
TechCrunch

OpenAI co-founder Andrej Karpathy joins Anthropic’s pre-training team

Andrej Karpathy, the AI researcher who co-founded and formerly worked at OpenAI and previously led AI at Tesla, has joined Anthropic. “I’ve joined Anthropic,” Karpathy posted on X Tuesday. “I think ...
Healthcare Dive

Oracle adds Cleveland Clinic CEO to board of directors

Mihaljevic has worked at Cleveland Clinic for more than 20 years, joining the health system’s department of thoracic and cardiovascular surgery in 2004. He previously served as CEO of Cleveland Clinic ...
Becker's Hospital Review

Cleveland Clinic CEO joins Oracle board

Cleveland Clinic President and CEO Tomislav Mihaljevic, MD, has been named to the board of Oracle. Dr. Mihaljevic has led the academic health system since 2018 and previously served as a director of ...
Morningstar

Red Rover Health Joins Oracle's Partner Program

Red Rover Health will use Oracle technologies to win and drive customer success together with Oracle. Healthcare organizations today are navigating increasing system complexity, growing demands for ...
Insider Monkey

Oracle (ORCL), Google Cloud Launch AI Database Agent to Simplify Enterprise Data Queries

Oracle Corporation (NYSE:ORCL) is one of the best technology stocks to buy for the next decade. On April 22, Oracle and Google Cloud expanded their partnership with the launch of the Oracle AI ...
Newsweek

Map Shows States in National Popular Vote Compact as Virginia Joins Effort

See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. Virginia is joining the National Popular Vote Interstate Compact, an ...
Forbes

Oracle Lays Off 30,000 As AI Spending Surges

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. Oracle Fired 30,000 People by Email. The Same Quarter, It Posted Record Revenue and a $553 ...
SiliconANGLE

What to expect during the Oracle Data Deep Dive NYC event: Join theCUBE April 15

At Oracle World in Las Vegas in October, Oracle Corp. founder and CEO Larry Ellison got right to the point. “AI changes everything,” Ellison told attendees, and his company’s recent releases have ...
The Next Web

Oracle is cutting up to 30,000 employees to pay for AI data centres

Employees across the US, India, Canada, and Mexico woke up on 31 March to termination emails from “Oracle Leadership” with no prior warning. TD Cowen estimates the cuts will affect 18% of Oracle’s 162 ...