Oracle (ORCL) said its Oracle Cloud Infrastructure business is now on track for $166 billion in revenue by the company's fiscal 2030, up from just $10 billion in fiscal 2025. That works out to a ...

Oracle has recently announced the launch of its OCI Zettascale10 AI supercomputer, claiming it to be the world’s largest in the cloud. This system, boasting a peak performance of 16 zettaFLOPS and ...

Oracle shares closed up 3% after the cloud computing announcement, but declined about 2% in after-hours trading after the broader revenue and profit forecasts. Oracle said last month that it has ...

(Reuters) -Oracle expects cloud infrastructure revenue to be $166 billion in fiscal 2030, one of its two CEOs said on Thursday. Chief Executive Officer Clay Magouyrk gave the prediction during a ...

Oracle said on Thursday it expects cloud infrastructure revenue to grow to $166 billion in fiscal 2030, which would make up nearly 75 per cent of its total sales by then. Chief Executive Officer Clay ...

Oracle's post-rally slide followed ambitious long-term targets and fresh concern about funding the build-out. A record contract backlog supports multiyear growth as cloud infrastructure scales. With ...

Oracle Corp. looks like it’s on track to become the next artificial-intelligence juggernaut. The company gave updated guidance during its AI World conference on Thursday, showing investors that it has ...

The tech giant raises its long-term financial targets and projects strong cloud margins, reassuring investors that its massive AI spending spree is on a path to profitability Shares of Oracle have ...

Oracle Corporation (NYSE:ORCL) has set aggressive long-term growth targets as it ramps up its cloud and artificial intelligence infrastructure ambitions, signaling confidence. The company's latest ...

Cloud and data centre provider Viettel IDC has secured the highest partnership level within Broadcom’s VMware partner program. As a ‘Pinnacle’ tier partner for the Southeast Asia market, Viettel IDC ...

Over the past few years many businesses have gone digital in a big way, transforming how they deliver their services and products in ways that were not possible before technologies like cloud ...

On October 18, 2025, Huawei's internal disciplinary committee reportedly imposed strict penalties on senior executives within its cloud computing business unit after uncovering "data falsification and ...