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Oracle expects cloud infrastructure revenue to be $166 billion in fiscal 2030, one of its two CEOs said on Thursday.
The company also updated its revenue forecast for its AI cloud server-rental business, Oracle Cloud Infrastructure.
KeyBanc expects Oracle's cloud capex conversion rates to outperform AWS and Azure, signaling growth potential.
Oracle also introduced Autonomous AI Lakehouse, a new platform that combines Oracle’s Autonomous AI Database with the open ...
GQG Partners Portfolio Manager Brian Kersmanc recently discussed why he became underweight tech stocks amid weakening ...
With a focus on cost-efficiency, flexibility, and specialized use cases, Oracle has transformed from a legacy software giant to a serious contender in the public cloud space. When Oracle launched its ...
International Accounting Bulletin on MSN
PwC expands global use of Oracle Cloud ERP
The expansion is aimed at improving financial controls, enhancing planning, and simplifying reporting by integrating AI.
Oracle Corp. on Monday promoted Clay Magouyrk and Mike Sicilia to become co-chief executive officers, signaling the company’s focus on its rapidly expanding cloud computing business. The 39-year-old ...
Oracle’s data centers are purpose-built for artificial intelligence (AI). The tech giant is winning high-value contracts across the AI landscape. Oracle is working with AWS, Microsoft Azure, and ...
(Bloomberg) — Oracle Corp. is in discussions with Meta Platforms Inc. for a cloud computing deal worth about $20 billion, providing further evidence that the company has become a significant ...
Oracle Corporation is in the later stages of signing a multi-year cloud computing contract with Meta Platforms, which may take up to two billion dollars, making it one of the largest AI infrastructure ...
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