Oracle expects its cloud infrastructure business to bring in $166 billion by fiscal 2030, nearly three-quarters of total sales.

Oracle ($ORCL) stock gained about 5% after revealing a new financial outlook for its fast-growing AI infrastructure business. During its Financial ...

Oracle has put forth a bullish forecast for its future, projecting that its Cloud Infrastructure revenue will soar to $166 billion by 2030.

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 ...

Oracle confirmed Meta as a major cloud customer and announced $65 billion in new infrastructure commitments across four ...

A large-scale data center campus planned in Michigan is set to serve ChatGPT maker OpenAI as part of its Stargate digital ...

Oracle ORCL is making a bold push into the cloud, positioning it as the cornerstone of its next growth phase. In the fourth quarter, total cloud revenues climbed 27% year over year, contributing to a ...

While many see human-resources software as administrative plumbing, Riaz Sait treats it as an intelligent decision engine.

Oracle is joining the Cloud Security Notification Framework project (CSNF), an initiative looking to develop a standardized framework for dealing with cloud security issues in enterprise environments, ...

It could be a concern for enterprise CIOs as well as for creditors due to ‘profound change in the company’s capital posture.’ ...

Oracle Corp. fell the most in almost nine months after giving its long-range financial outlook, suggesting investors anticipated a bigger boost from its investment in AI infrastructure.