Core Viewpoint - Oracle (ORCL.US) is planning layoffs in its cloud computing division while increasing investments in artificial intelligence to reduce costs [1] Group 1: Company Actions - Oracle's stock rose over 1.2%, reaching $247.2 [1] - The company is focusing on enhancing its artificial intelligence capabilities [1] - Oracle has entered into an agreement with Google Cloud to provide customers with Google's advanced AI models through Oracle Cloud Infrastructure (OCI) [1]