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Oracle Lands $30 Billion Cloud Deal That Could Triple Its Infrastructure Revenue

Oracle just secured a cloud contract worth more than $30 billion per year - one of the largest single deals in cloud computing history. The agreement, set to begin generating revenue in fiscal 2028, ...
Hosted on MSN

Oracle Adds AMD GPUs in Cloud Infrastructure: Will This Aid Growth?

Oracle ORCL is leveraging Oracle Cloud Infrastructure (OCI) to drive AI growth. In fourth-quarter fiscal 2025, OCI consumption revenues jumped 62%, reflecting rising demand for high-performance ...
Forbes

Oracle Cloud Infrastructure And AWS Form Strategic Partnership

Oracle and AWS are teaming up to provide better access to Oracle's databases and other products for AWS's enterprise customers. Oracle and AWS have entered into a strategic relationship, announced ...

Asia Pacific Firms Accelerate Oracle Cloud Modernization

Enterprises across Asia Pacific are adopting Oracle Cloud Infrastructure (OCI) to embed intelligence into core business ...
Insider Monkey

Oracle Corporation (ORCL) Cloud Infrastructure’s Role in Shaping the AI Landscape

Sands Capital, an investment management company, released its “Sands Capital Select Growth Strategy” Q3 2025 investor letter. A copy of the letter can be downloaded here. U.S. large-cap growth ...
Diginomica

Oracle soars as AI-driven cloud infrastructure demand rockets towards $0.5 trillion a year

Oracle CEO Safra Catz worked her magic on Wall Street yesterday, as the company’s share price soared on the back of upgraded $500 billion expectations for its cloud infrastructure business as the AI ...
Reuters

Oracle gains as cloud infrastructure business gets AI boost

June 12 (Reuters) - Oracle shares (ORCL.N), opens new tab jumped 9% on Wednesday as investors cheered a boom in demand for the company's relatively low-cost cloud infrastructure services from ...
Nasdaq

OpenAI Selects Oracle Cloud Infrastructure to Extend Microsoft Azure AI Platform

AUSTIN, Texas, June 11, 2024 /PRNewswire/ -- Oracle, Microsoft, and OpenAl are partnering to extend the Microsoft Azure Al platform to Oracle Cloud Infrastructure (OCI) to provide additional capacity ...
Network World

Oracle inks $30 billion cloud deal, continuing its strong push into AI infrastructure

The company has secured an agreement with a yet-to-be-named company, which some speculate could be OpenAI or an equivalent. But analysts say the move won’t impact its capacity to serve its other ...
SiliconANGLE

Oracle shares climb on reports it could ink $20B cloud deal with Meta

Shares of Oracle Corp. closed 4% higher today following reports that it’s negotiating a $20 billion deal to provide Meta Platforms Inc. with cloud infrastructure. Sources told Reuters that the ...
Seeking Alpha

Oracle outlines 77% cloud infrastructure growth target for FY26 as AI demand accelerates RPO to $455B

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 ...
Morningstar

Oracle: Cloud Infrastructure Margin Should Improve as Scale Expands

On Oct. 7, tech media outlet The Information reported that Oracle‘s ORCL graphics processing unit rental business generated a 14% gross margin in the quarter ended Aug. 31. Oracle shares were down as ...