AI database innovation at Oracle drives a redesigned data platform with vector search, AI agents, stronger privacy controls and quantum-safe security.

Oracle has reportedly started a massive round of job cuts. Beginning on Tuesday, March 31, the company is set to lay off thousands of workers - though the exact extent is unclear - according to a report from Business Insider.

April 1 (Reuters) - Data center developer Related Digital is closing in on $16 billion of financing for a giant Oracle data center following months of negotiations with investors, Bloomberg News reported on Wednesday.

In January, President Donald Trump announced the Stargate venture to ramp up U.S. AI deployment, with Oracle Executive Chairman Larry Ellison, OpenAI CEO Sam Altman, and SoftBank CEO Masayoshi Son at the White House. Ellison said the first of the project's data centers is currently under construction in Texas.

Oracle announces agentic AI capabilities for Oracle AI Database, including Private Agent Factory, Deep Data Security, and Autonomous AI Vector Database for enterprises.

Oracle's restructuring is said to be tied to rising costs for building AI data centers and expanding cloud infrastructure.