Oracle (ORCL) cloud services now represent 77% of total revenue and grew 55% year-over-year. GPU consumption revenue surged 336%. Oracle’s remaining performance obligation hit $97.3B in Q2 FY2025.
Oracle has evolved from a stodgy legacy software company to a cloud-first service provider. The company is winning massive multiyear cloud contracts with leading hyperscalers. Oracle is taking on debt ...
On October 8, 2025, Oracle announced the expansion of its Select AI capabilities to include AI translation and summarization directly inside its Autonomous Database — a move that turns language ...
(Reuters) -Oracle will offer cloud services using Advanced Micro Devices' upcoming MI450 artificial intelligence chips, the companies said on Tuesday, as they rush to tap the booming demand for ...
The partnership gives Oracle a significant boost in diversifying its AI compute offerings. This marks an important step for AMD as it seeks to compete more directly with Nvidia. AMD shares up 3% after ...
Oracle has announced a major expansion of its partnership with AMD, positioning itself to be the first hyperscaler to offer a publicly available AI supercluster powered by 50,000 AMD Instinct MI450 ...
Oracle Corp. is in discussions with Meta Platforms Inc. for a cloud computing deal worth about $20 billion, providing further evidence that the company has become a significant infrastructure provider ...
On Sept. 10, Oracle (ORCL +0.60%) stock popped 36% in response to a massive increase in customer orders for Oracle's cloud services. Oracle forecasts that revenue from its Oracle Cloud Infrastructure ...
Oracle is benefiting from its leveraged spending. The spending is paying off, as Oracle is winning major contracts. Oracle believes its growth is just getting started. Here are three reasons why ...
OpenAI has struck a landmark deal with Oracle to buy $300 billion in computing power over five years, highlighting both the explosive rise of AI and the growing financial risks around it. People ...
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