Oracle is laying off 161 workers in Seattle, according to a filing with the Washington state Employment Security Department.

The contribution from the server business to its revenue is set to grow further in the current quarter, as Foxconn expects a ...

Perplexity aims to acquire Chrome for $34.5 billion, seeking to enhance its AI capabilities and user base. The three-year-old ...

Perplexity AI, which has raised around $1 billion from investors including Nvidia and SoftBank, was last valued at $14 ...

TOKYO: Japan’s Nikkei share average slipped on Thursday, pulling back from the record high reached in the previous session, ...

Whether consumer-focused Meta will be able to convert its huge AI spending into bigger profits than business-focused players ...

Reports of Oracle layoffs indicate cloud units in the US and India have primarily been affected, with reports emerging from ...

Layoffs: In a June regulatory filing, Oracle had noted that it periodically reshapes its workforce due to strategy changes, ...

The layoffs come as Oracle accelerates its AI strategy through the Stargate joint venture with OpenAI and SoftBank. This ...

The C$12.1-billion transaction marks a significant milestone in Mubadala Capital’s growth ambitions, accelerating its ...

Perplexity, an AI company, is no stranger to making such bold offers. In January, it made a similar one for TikTok US and had ...