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Oracle on Monday topped fourth-quarter revenue estimates and forecast an upbeat first quarter, driven by growing demand for its cloud offerings from companies deploying AI, sending its shares up ...
Oracle is experiencing a major resurgence driven by strong investments in Oracle Cloud Infrastructure and a robust ...
Oracle gained the spotlight with a prominent rally so far this year owing to the extensive deployment of AI projects. Read ...
The initiative stipulates the deployment of fuel cell systems across select Oracle Cloud Infrastructure (OCI) data centers in ...
During the previous quarter, revenue from cloud services and license support rose to $11.7 billion, exceeding the Street’s target of $11.59 billion, while cloud and on-premises license revenue ...
Reuters. FILE PHOTO: A logo of cloud service provider Oracle is seen at the company's offices at Eastpoint Business Park, Dublin, Ireland October 18, 2021.
In a hostile takeover attempt, Oracle offered to buy rival PeopleSoft Inc. for $5.1 billion four days after PeopleSoft announced it would buy rival J.D. Edwards & Co. for stock initially worth $1. ...
OCI, or Oracle Cloud Infrastructure, is central to Oracle's push to be an AI leader. The business provides cloud-computing services to enterprises, competing against cloud giants Amazon AMZN and ...
Oracle shares rose more than 10% on Tuesday as a push to embed AI into its cloud service products boosted its first-quarter results and helped it narrow the gap with market leaders.
Optimism surrounding Oracle’s ORCL cloud and AI infrastructure endeavors pushed its stock to an all-time high of $228 a share on Monday. This comes as the enterprise cloud leader has secured ...
One of the significant advantages of Compute Cloud@Customer lies in its scalability and adaptability. In fact, businesses can flexibly deploy Oracle Cloud services in a diverse range of cloud ...
Oracle's cloud services revenue rose 21% to $5.6 billion in the first quarter. Revenue for the quarter ended Aug. 31 stood at $13.31 billion, compared with analysts' estimates of $13.23 billion ...
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