Oracle sees total revenue growing to $225 billion in fiscal 2030 Adjusted profit seen at $21 per share in 2030 vs $18.92 LSEG estimate Expects adjusted gross margins of 30-40% in AI cloud computing ...

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

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 meeting with ...

New Oracle Autonomous AI Lakehouse supports the Apache Iceberg open table format, enabling customers to use the power of Oracle AI Database for their data lake data "By architecting AI and data ...

If your computer won’t start you might be pulling out your hair at the prospect of losing all your precious data. But all isn’t necessarily lost. If the drive is corrupted or dead, you are in a pickle ...

Oracle AI Data Platform makes data AI-ready and enables the creation and deployment of agentic applications by harnessing the combined capabilities of Oracle Cloud Infrastructure (OCI), Oracle ...

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 ...

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 ...

Advanced Micro Devices Inc., Nvidia Corp.’s nearest rival in AI processors, said Oracle Corp. will deploy a large batch of its forthcoming MI450 chips next year. Oracle will put 50,000 of the ...

Oracle’s rapid OCI cloud and AI growth signal a high-upside phase. Discover projected 27% gains and market drivers.

Vantage’s $15B+ investment in Port Washington represents the future of sustainable digital infrastructure with zero-emission energy resources, water-positive operations and billions in regional ...

Veeam Software, a global leader in data resilience, is releasing Veeam Data Cloud (VDC) for Managed Service Providers (MSPs) through the Veeam Cloud & Service Provider (VCSP) program. Designed to ...