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
- 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
- 2025pressOracle raised its FY2026 capex forecast to $35B—$10B higher than prior guidance—as free cash flow margin turned negative for the first time in over a decade due to cloud infrastructure spending. x.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
Other companies in United States
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?+
Brief generates a structured pre-meeting briefing on any person at Oracle — quick read, recent activity, points of view, and conversation openers tailored to what you sell. Sign in to get personalised openers for your product.
Meeting with someone at Oracle?
Brief generates a structured pre-meeting briefing on any person in seconds.
Try Brief →Generated by briefthecall.com from public web sources on May 27, 2026. Each claim is linked to its source above.