Enterprise software, Austin
Oracle
Austin · Founded 1977
Quick read
Oracle Corporation, enterprise software and cloud infrastructure company, founded 1977, headquartered in Austin, Texas. It operates one of the fastest-growing cloud platforms (OCI), with AI workload demand from customers including OpenAI, Nvidia, Meta, and xAI driving a $35B capex program in FY2026. The company is simultaneously executing its largest-ever workforce reduction—approximately 30,000 cuts announced March 2026—to fund that infrastructure pivot.
Key facts
- Founded
- 1977
- Founders
- Larry Ellison
- Employees
- 162000
- Sectors
- enterprise, saas, ai, hardware
- Website
- www.oracle.com
Mission
Oracle provides cloud infrastructure, databases, and enterprise applications to organizations worldwide, with a current strategic focus on AI infrastructure at scale through Oracle Cloud Infrastructure.
Recent activity
- Jun 2026pressOracle scheduled its Q4 fiscal year 2026 earnings release for June 10, 2026, after market close, with a conference call and webcast at 4:00 p.m. Central Time. investor.oracle.com
- Jun 2026pressOracle named a Leader in the 2026 Gartner Magic Quadrant for Talent Acquisition (Recruiting) Suites, with Gartner evaluating Oracle Fusion Cloud Recruiting and Oracle Fusion Cloud Recruiting Booster as part of Oracle Cloud HCM. stocktitan.net
- Mar 2026pressOracle cut thousands of jobs, confirmed by CNBC via two people familiar with the matter. The company, which employed 162,000 people as of May 2025, declined to comment publicly. Cuts came as Oracle's stock fell amid heavy capital commitments for AI infrastructure build-out. cnbc.com
- Mar 2026fundraiseOracle reported Q3 fiscal year 2026 results on March 10, 2026. Executives stated there were no further plans to raise debt in 2026, following a January announcement of plans to raise $50 billion in debt and equity. cnbc.com
- Mar 2026productOracle confirmed the March 2026 QFSDP release will be the last major patch release for Oracle SuperCluster, ending the regular patch path for platforms including M8, M7-8, M6-32, T5-8, and T4-4. linkedin.com
- Mar 2026productJava Management Service on OCI added JDK 26, released March 2026. Oracle also announced deprecation of OCI Fleet Application Management, effective May 6, 2026. docs.oracle.com
- Jan 2026fundraiseOracle announced plans to raise $50 billion in combined debt and equity to fund AI infrastructure spending, which the company has budgeted at $50 billion for 2026. cnbc.com
- Apr 2026productOracle released its April 2026 Critical Patch Update containing 481 security patches. linkedin.com
- Apr 2026leadershipHilary Maxson appointed CFO to help manage Oracle's massive data center expansion, reflecting the growing finance role in AI infrastructure buildout. bloomberg.com
- Mar 2026pressOracle initiated its largest-ever round of layoffs, cutting approximately 30,000 employees globally. The company had set aside $500M for restructuring costs in a March SEC filing, with cumulative cuts since late 2025 reaching roughly 37,000–38,000 positions. tech-insider.org
- Feb 2026fundraiseOracle announced a plan to raise $45–$50B in gross cash proceeds during calendar year 2026 via a mix of mandatory convertible preferred securities, an at-the-market equity program of up to $20B, and a single senior unsecured bond issuance, to fund Oracle Cloud Infrastructure expansion. investor.oracle.com
- Dec 2025productOCI revenue jumped 68% in Q2 FY2026, with AI demand driving growth in healthcare and other verticals. linkedin.com
Key people
Named individuals at the firm. We don't expose direct email or phone — use their LinkedIn for outreach.
- Safra A. Catz · CEO
- Larry Ellison · CTO & Founder
- Hilary Maxson · CFO
- Adaire Fox-Martin · Employee
- Rod Johnson · Employee
- Naomi O. Seligman · Board Member
- Renée J. James · Board Member
- Rona A. Fairhead · Board Member
- Safra Catz · CEO
- Mike Sicilia · EVP, Oracle Industries
- Clay Magouyrk · EVP, Oracle Cloud Infrastructure
- Doug Kehring · EVP, Operations
Sources
- Oracle announces Equity and Debt Financing Plan for Calendar Year 2026
- Oracle rises after company announces $50 billion fundraising plans
- Oracle Hire Shows CFOs' Growing Role in AI Boom - Bloomberg
- Oracle Layoffs 2026: 30,000 Cuts, $50B AI Pivot
- News and Press Releases | Oracle News
- https://investor.oracle.com/investor-news/news-details/2026/Oracle-Sets-the-Date-for-its-Fourth-Quarter-Fiscal-Year-2026-Earnings-Announcement/default.aspx
- https://www.stocktitan.net/news/ORCL/oracle-named-a-leader-in-2026-gartner-magic-quadrant-for-talent-s0b5vcjp73os.html
- https://www.cnbc.com/2026/03/31/oracle-layoffs-ai-spending.html
- https://www.linkedin.com/posts/activity-7465423466712866816-baJO?utm_source=social_share_send&utm_medium=member_desktop_web&rcm=ACoAAGmY1DgB6_IH9U030JoSJlzUP4ay9RIBex0
- https://docs.oracle.com/en-us/iaas/releasenotes/
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Frequently asked
What is Oracle?+
Oracle Corporation, enterprise software and cloud infrastructure company, founded 1977, headquartered in Austin, Texas. It operates one of the fastest-growing cloud platforms (OCI), with AI workload demand from customers including OpenAI, Nvidia, Meta, and xAI driving a $35B capex program in FY2026.
Where is Oracle headquartered?+
Oracle is headquartered in Austin, United States.
When was Oracle founded?+
Oracle was founded in 1977 by Larry Ellison.
What sectors does Oracle operate in?+
Oracle focuses on enterprise, saas, ai, hardware. They primarily operate in these sectors.
Who is the CEO of Oracle?+
Safra A. Catz is the CEO of Oracle.
How do I prepare for a meeting with Oracle?+
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