According to Bloomberg, American multinational Oracle is reducing staff in its highly visible cloud division as part of its ...

Hon Hai Technology Group, better known as Foxconn, is reporting that its second-quarter profits climbed due to its AI server ...

Oracle announced that the Seattle-based layoffs will occur in October, according to the Employment Security Department.

Google invests $9B in Oklahoma for AI data centers, joining a fierce infrastructure race with Meta and OpenAI to secure ...

Foxconn Technology (OTCPK:FXCOF) reported a better-than-expected 27% rise in profit in the second quarter and forecast higher sales growth in its AI server business in the third quarter. The company's ...

Hon Hai Precision Industry Co. expects sales of servers to more than double this quarter while its consumer electronics business dwindles, underscoring how it’s relying on the AI boom to offset ...

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