Database software and cloud services specialist Oracle ( ORCL -4.11%) reported fiscal 2025 third-quarter financial results on ...
‘This makes AI central to almost everything we’re doing,’ Oracle co-founder Larry Ellison ... secure and more reliable and have a better UI (user interface) and all of those things.
The company aims to double its capacity this year as demand for AI compute “continues to dramatically outstrip supply,” Oracle CEO Safra Catz said Monday.
Revenue increased 6% from $13.3 billion in the same period last year. Net income rose 22% to $2.94 billion, or $1.02 a share, from $2.4 billion, or 85 cents a share, a year earlier. Revenue in ...
Back in 2020, Oracle was widely seen as a fading player in the cloud infrastructure spacea mature legacy vendor at risk of losing market share. Fast forward four years, and the narrative has ...
Oracle Corp. reported disappointing quarterly results and gave a sales and profit forecast for the current quarter that fell ...
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