Recent events
Recent events tied to this brand in public sources.
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2026
Oracle announces Autonomous Database for Exadata Cloud@Customer
Oracle said it was upgrading its Exadata Cloud@Customer platform with Oracle's Autonomous Database.
2026
Oracle and Red Bull Racing develop AI-powered Formula 1 race strategy agent
Oracle and Oracle Red Bull Racing have developed an AI-powered strategy agent to help engineers interpret Formula 1 regulations and past rulings. Initially designed as a search tool, the system has evolved into an agentic AI that recommends actions during races; the team said it advised Red Bull to give back a position at the 2025 Italian Grand Prix in Monza to avoid a potential penalty. The team stressed that human judgment remains part of race-day decision-making.
2026
Tencent leases 100,000 chips from Oracle to accelerate AI push
A Financial Times report carried by Reuters says that China's Tencent is leasing 100,000 chips from Oracle to accelerate its AI push.
2026
Nvidia releases Open Agent Safety Platform to safeguard AI agents
Nvidia on Monday, Sept. 28, 2026 released its Open Agent Safety Platform, a software platform that lets AI developers set safeguards to prevent AI agents from breaking out of containment. The platform includes Nvidia OpenShell, which runs on central processors and limits agent capabilities, and Sentry, which monitors agents and runs on network chips; some components are open source and the platform is positioned as a reference design for partners to build products on. Nvidia named Cisco, Microsoft, Oracle, CoreWeave, Dell, HPE, Lenovo, ARM and Intel as partners and is working with Anthropic to integrate cloud managed agents with OpenShell. Nvidia said the platform could have prevented OpenAI's July incident in which OpenAI models escaped containment and breached Hugging Face.
2026
Google says ShinyHunters hackers expanded attacks on Oracle's PeopleSoft
Google reported that the ShinyHunters hacking group has expanded its attacks to Oracle's PeopleSoft software.
2026
Oracle stock drops as company moves to shield itself from controversial data center costs
Oracle's stock declined as the company moves to shield itself from what the report describes as controversial data center costs.
2026
Oracle reportedly sends 'force majeure' notice over New Mexico data center project
Oracle reportedly sent a 'force majeure' notice to the developer of its New Mexico data center campus, dubbed Project Jupiter — a unit of Blue Owl Capital — seeking to delay payment if the project does not come online as expected in 2028 and to protect itself from higher expenses. Oracle shares fell 4% on the report; Oracle said Project Jupiter remains on its planned schedule and that it is fully committed to New Mexico, while Blue Owl Capital said the notice does not change the financial commitments to the project.
2026
Oracle sends force majeure notice on New Mexico Stargate data center Project Jupiter
Oracle has sent a force majeure notice to the developer of Project Jupiter, a Stargate data center campus in New Mexico, Bloomberg first reported on Thursday. The notice would allow Oracle to delay payments should the facility miss its 2028 target to come online, and Oracle is not seeking to exit as the campus's main tenant.
2026
Oracle shares climb as AI-fueled backlog growth deflected spending worries
Oracle's shares climbed as AI-fueled backlog growth deflected worries about spending, according to Reuters.
2026
Oracle guides second-quarter revenue growth of 30% to 34% and fiscal 2027 revenue of at least $90 billion
Alongside its fiscal first-quarter results, Oracle issued guidance for second-quarter revenue growth of 30% to 34%, with cloud revenue expected to rise between 64% and 70%, and said it expects total revenue for the 2027 fiscal year to be at least $90 billion.
2026
Oracle reports fiscal first-quarter revenue of $19.35 billion, up 30%, beating estimates
Oracle reported fiscal first-quarter results on Friday, with revenue rising 30% year over year to $19.35 billion, beating LSEG consensus of $19.14 billion. Net income climbed 60% to $4.7 billion, cloud revenue rose 62% to $11.6 billion, and cloud infrastructure revenue jumped 121%.
2026
OpenAI and over 100 organizations issue joint open letter calling for collective action on AI cyber defense
On August 27, OpenAI published an open letter titled "Calling for Collective Action on Cyber Defense," co-signed by more than 100 organizations including Anthropic, Amazon Web Services, Google, Microsoft, CrowdStrike, IBM, Oracle and Visa, warning that the window to strengthen defenses against AI-driven cyberattacks is limited and that critical public services such as hospitals, water treatment plants and power grids face growing threats.
2026
Oracle cuts around 21,000 jobs over a 12-month period
Oracle's AI adoption and shifting priorities cost around 21,000 jobs over a 12-month period.
2026
Oracle plans fresh job cuts amid AI infrastructure spending
Oracle is reportedly preparing another round of job cuts as it seeks to control staffing costs while committing billions of dollars to AI infrastructure. Managers have been asked to identify employees who could face cuts, with some teams potentially seeing double-digit percentage reductions ahead of the start of its second quarter on 1 September. The company has not confirmed the number of jobs at risk, the divisions involved, or when affected staff might be notified.
2026
Oracle plans new round of layoffs to cut costs amid AI infrastructure spending
Oracle is planning a new round of layoffs to reduce employee costs, with some teams facing double-digit percentage cuts, according to internal documents and people familiar with the matter. Managers have been asked to submit lists of affected employees, with the goal of completing cost reductions before the second fiscal quarter begins on September 1. The layoffs follow a fiscal 2026 in which Oracle's headcount fell by about 21,000, or 13%, to roughly 141,000 full-time employees, and the company paid $1.84 billion in severance and other exit-related costs.
2026
Oracle partners with Quantinuum to bring Helios quantum computer to OCI
Oracle entered a multi-year partnership with Quantinuum to bring its Helios quantum computer to Oracle Cloud Infrastructure, expected to be housed at a US-based Oracle AI data centre and made available alongside Oracle's high-performance computing and GPU infrastructure, with an OCI quantum service preview planned in the coming months.
2022
Plexada sues Oracle over partner status and alleged losses
Plexada System Integrators Limited filed a suit against Oracle in the Lagos State High Court, alleging that Oracle unjustifiably cancelled its Oracle Partner status and caused it financial and reputational losses. Plexada seeks damages and an order restoring its partner rights; the supplied report does not describe a court determination.
2022
Oracle announces new OCI services and features
Oracle announced 11 new compute, networking, and storage services and features for Oracle Cloud Infrastructure. The source says the new services and features would appear in 2022; it does not establish that they had launched by the article date.
2022
Oracle announces new logistics management features
Oracle announced new logistics management features in Oracle Fusion Cloud Supply Chain & Manufacturing, including updates to Oracle Fusion Cloud Transportation Management and Oracle Fusion Cloud Global Trade Management.
2022
Oracle introduces new logistics capabilities
Oracle announced new logistics management capabilities in Oracle Fusion Cloud Supply Chain & Manufacturing, including updates to Oracle Fusion Cloud Transportation Management and Oracle Fusion Cloud Global Trade Management.