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 expects its cloud infrastructure business to create $166 billion in revenue by fiscal year 2030, accounting for nearly three-quarters of its total sales, the company says. Reuters reported that ...

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'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 ...

In a note to clients, Jefferies said Oracle is entering a new growth phase, as it benefits from surging demand for AI infrastructure and steady adoption of its cloud platform. Analysts believe ...

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 ...

基于 Oracle Acceleron RoCE 网络架构和 NVIDIA AI 基础设施构建，OCI Zettascale10 可提供多千兆瓦级 AI 工作负载能力与扩展性 Oracle 宣布推出 Oracle Cloud Infrastructure (OCI) Zettascale10， 这是大型云端AI 超级计算机。OCI Zettascale10 将跨多个数据中心的数十万 NVIDIA ...

For the most recent quarter, Oracle reported cloud revenue jumped 28% to $7.2 billion. Magouyrk said that during a single 30-day period during the previous quarter, Oracle Cloud Infrastructure, the ...

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Oracle (NYSE:ORCL) welcomed 10 defense technology companies into its second Defense Ecosystem ...

A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history.

Oracle stock slumped even as executives reassured investors about the profitability of a business renting servers to AI companies and discussed the broader financial outlook over the next five years.