Forbes contributors publish independent expert analyses and insights. Peter Cohan, a Boston-based senior contributor, covers stocks. Oracle shares have risen 50% in 2024 after its boffo 2025 fiscal Q1 ...
Oracle announced that AI innovators across the world are using Oracle Cloud Infrastructure (OCI) AI infrastructure and OCI Supercluster to train AI models and deploy AI inference and applications.
Safra Catz, CEO, stated, "Clearly, we had an amazing start to the year because Oracle has become the go-to place for AI workloads. We have signed significant cloud contracts with the who's who of AI, ...
Cloud computing continues experiencing explosive growth as artificial intelligence drives unprecedented infrastructure demand ...
ORCL's AI data center push is driving 14% revenue growth and a record backlog, but $50 billion in capex and negative cash ...
While there are questions about a contract that will ultimately add more than $30 billion in revenue annually, Bernstein analysts think the arrangement will bring Oracle closer to its larger cloud ...
Oracle announced that the UK Ministry of Defence (MoD) has signed a new cloud agreement for Oracle Cloud Infrastructure (OCI). The agreement follows five ...
AUSTIN, Texas, Feb. 6, 2025 /PRNewswire/ -- Oracle has been named a Leader in the IDC MarketScape: Worldwide Public Cloud Infrastructure as a Service 2025 Vendor Assessment (doc #US51813824, January ...
Catz stated, "For fiscal year 2026, we remain confident and committed to full year total revenue growth of 16% in constant currency." She added, "Total revenue are expected to grow from 12% to 14% in ...