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 2026press
    Oracle reported record Q4 FY2026 results: total revenue up 21% to $19.2 billion, cloud infrastructure (IaaS) revenue up 93% to $5.8 billion, and total cloud revenue up 47% to $9.9 billion. Remaining performance obligations grew $85 billion in Q4 to $638 billion, with Bank of America analysts noting over 50% of RPO comes from OpenAI. FY2026 operating cash flow hit a record $32.0 billion, up 54%. For FY2027, Oracle guided to $90 billion in total revenue and raised non-GAAP EPS guidance to $8.05. investor.oracle.com
  • Jun 2026investment
    Oracle CEO Clay Magouyrk said the company plans to bring online nearly one gigawatt of computing power in the current quarter — roughly equal to all of FY2026 combined. Net capital expenditure for FY2027 is projected at around $70 billion, excluding $20–25 billion in customer prepayments. Oracle plans to raise an additional $40 billion through debt and equity in FY2027, including a previously announced $20 billion at-the-market equity issuance. cnbc.com
  • Apr 2026leadership
    Oracle appointed Hilary Maxson as Chief Financial Officer, effective April 6, 2026. Maxson reports to CEO Clay Magouyrk and leads Oracle's global finance organization. geraldonit.com
  • Mar 2026press
    Oracle cut 30,000 employees on March 31, 2026 — approximately 17.6% of its reported workforce — to fund a $50 billion AI capital expenditure program tied to OpenAI's $300 billion Stargate compute contract. The cuts are the largest at any Big Tech firm in the current cycle, exceeding Meta's 8,000 and Microsoft's 9,000 reductions. tech-insider.org
  • Feb 2026fundraise
    Oracle announced a financing plan to raise $45–50 billion in calendar year 2026 to expand Oracle Cloud Infrastructure. The plan combines a $20 billion at-the-market equity program, mandatory convertible preferred securities, and a one-time issuance of investment-grade senior unsecured bonds. In FY2026, Oracle ultimately raised $43 billion in debt and $5 billion in equity. investor.oracle.com
  • Jul 2026product
    Oracle launched no-code and low-code tooling for building Fusion Agentic Applications, adding new AI features to its agent platform. It also released Exadata Storage Server 26.1.1.0.0 and monthly security patches fixing 245 vulnerabilities across JD Edwards, MySQL, Solaris, WebCenter, and other products. blogs.oracle.com
  • Jun 2026press
    Oracle was named a Leader in the 2026 Gartner Magic Quadrant for Talent Acquisition (Recruiting) Suites, and added four new Fusion Agentic Applications for supply chain performance and inventory management. prnewswire.com
  • Oct 2026press
    Oracle scheduled its annual CloudWorld conference for October 25–28, 2026, billing it as a showcase of AI-driven product announcements. oracle.com
  • Jun 2026fundraise
    Oracle plans to raise ~$40 billion in debt and equity in FY2027, including a previously announced $20 billion at-the-market equity issuance. Net capex for FY2027 is expected to be ~$70 billion, excluding $20–25 billion in customer prepayments. The company aims to bring nearly one gigawatt of computing power online in a single quarter. cnbc.com
  • Apr 2026leadership
    Oracle hired Hilary Maxson from Schneider Electric as its new CFO at a base salary of $950,000. Maxson reports to co-CEO Clay Magouyrk and is tasked with managing capital discipline during the company's large-scale data center expansion. bloomberg.com
  • Apr 2026product
    Oracle launched Fusion Agentic Applications, a new suite within Oracle Fusion Cloud designed to automate outcomes across enterprise workflows. x.com
  • Mar 2026press
    Oracle cut approximately 21,000 employees in FY2026 as part of a restructuring plan expected to cost up to $2.1 billion, mostly in severance. The company's annual filing stated that AI deployment "has resulted, and may continue to result, in reductions to our workforce." foxbusiness.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
    Brief →
  • Larry Ellison · CTO & Founder
    Brief →
  • 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
    Brief →
  • Mike Sicilia · EVP, Oracle Industries
  • Clay Magouyrk · EVP, Oracle Cloud Infrastructure
  • Doug Kehring · EVP, Operations

Sources

Other companies in United States

  • OpenAI · AI lab, San Francisco·
  • Anthropic · AI safety lab, San Francisco·
  • Stripe · Payments infrastructure, San Francisco·
  • Microsoft · Big tech, Redmond·
  • NVIDIA · AI hardware, Santa Clara·
  • Databricks · Data + AI platform, San Francisco

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. Last updated August 13, 2026. Each claim is linked to its source above.

Automatically generated by AI from public sources. May be inaccurate or out of date. Remove or correct this profile →