Oracle ($ORCL) stock gained about 5% after revealing a new financial outlook for its fast-growing AI infrastructure business.
Oracle said on Thursday it expects cloud infrastructure revenue to grow to $166 billion in fiscal 2030, which would make up ...
Oracle confirmed Meta as a major cloud customer and announced $65 billion in new infrastructure commitments across four ...
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Oracle AI World 2025 - all the updates from the rebranded Cloud World conference in one place
As we wrap up things here at Oracle's AI World 2025, we've got one more announcement, and it's about Oracle's partnership ...
Oracle has put forth a bullish forecast for its future, projecting that its Cloud Infrastructure revenue will soar to $166 billion by 2030.
Oracle projects cloud infrastructure revenue will explode from $10 billion to $144 billion by 2030, outpacing AWS and Azure at comparable stages. The company's $455 billion backlog and ...
Oracle has launched OCI Zettascale10, the largest cloud AI supercomputer, integrating hundreds of thousands of NVIDIA GPUs ...
Oracle Autonomous AI Lakehouse brings AI and machine learning directly into the database, which means customers can use AI ...
IT buyers like the operational flexibility that the public cloud provides. Capital expenditures go away. OpEx becomes predictable. Resources are available on-demand, with near-endless scalability.
KeyBanc expects Oracle's cloud capex conversion rates to outperform AWS and Azure, signaling growth potential.
The tech giant raised its long-term financial targets and projected strong cloud margins, reassuring investors that its ...
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