Oracle is forecasting its cloud infrastructure revenue will soar to $166 billion by fiscal 2030, potentially accounting for nearly three-quarters of its total sales. The optimistic outlook was shared ...
Oracle projects cloud infrastructure revenue will explode from $10 billion to $144 billion by 2030, outpacing AWS and Azure at comparable stages. The company's $455 billion backlog and ...
Larry Ellison, now Oracle's CTO, has played a major role in helping the company win AI cloud deals and pivot beyond legacy software Oracle projects that its Oracle Cloud Infrastructure business will ...
Initial £7M estimate proves optimistic after multiple contract uplifts The Bank of England has trebled the amount it is ...
Oracle Corp. today disclosed that it has won a cloud contract worth more than $30 billion annually. Shares of the company jumped almost 9% on the news at one point. It ended the trading session up 4%.
Oracle Corporation is rated a Buy with a $280 price target, suggesting 17% upside driven by AI and cloud momentum. ORCL's cloud revenue surged 28% YoY, fueled by a $300B OpenAI deal and $455B in ...
The Bank of England's project to migrate its core business systems to Oracle Cloud has seen its cost more than triple from an initial £7 ...
Oracle tightened its embrace of the Cloud Native Computing Foundation (CNCF), announcing a curated set of open source software plucked from CNCF’s menu of projects. The CNCF projects are part of what ...