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

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 ...

Database management system provider MariaDB plc announced today that it’s launching a unified cloud platform designed to aid in the rapid development of next-generation artificial intelligence ...

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Oracle stock slumped even as executives reassured investors about the profitability of a business renting servers to AI companies and discussed the broader financial outlook over the next five years.

Nokia beats Q3 earnings estimates Sales ahead of expectation as AI boosts optical revenue Shares hit their highest since 2022 The company's shares were up 10.6% to 5.2 euros by 0717GMT, their highest ...