Archives for September, 2024 - Page 21

10 Sep

Oracle Bets on Cloud Growth, AWS Deal, and AI Datacenter Expansion

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Oracle announced robust fiscal 2025 Q1 results, with total revenues reaching $13.3 billion, a 7% increase year-over-year in USD and 8% in constant currency. The company’s cloud services revenues surged 21% in USD and 22% in constant currency to $5.6 billion, driven by substantial gains in both cloud infrastructure and applications. Oracle’s CEO, Safra Catz, […]

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