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

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

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 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 ...

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

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.

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

Shares of enterprise software major Oracle climbed 3.4% early Wednesday, rebounding from the previous day’s 3% decline.