Oracle is forecasting its cloud infrastructure revenue will soar to $166 billion by fiscal 2030, potentially accounting for nearly three-quarters of its total ...
Oracle said on Thursday it expects cloud infrastructure revenue to grow to $166 billion in fiscal 2030, which would make up ...
Oracle ($ORCL) stock gained about 5% after revealing a new financial outlook for its fast-growing AI infrastructure business.
Oracle expects its cloud infrastructure business to bring in $166 billion by fiscal 2030, nearly three-quarters of total ...
Oracle has put forth a bullish forecast for its future, projecting that its Cloud Infrastructure revenue will soar to $166 billion by 2030.
Oracle confirmed Meta as a major cloud customer and announced $65 billion in new infrastructure commitments across four ...
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 ...
Larry Ellison, now Oracle's CTO, has played a major role in helping the company win AI cloud deals and pivot beyond legacy software Oracle projects that its Oracle Cloud Infrastructure business will ...
Oracle projects cloud infrastructure revenue to hit $166 billion by 2030, driven by diversified enterprise demand beyond its ...
A data-center group that is closely linked to Oracle and OpenAI’s Stargate effort could test the market’s willingness to ...