Oracle expects cloud sales of $166 billion by 2030 as business expands

Oracle said on Thursday it expects cloud infrastructure revenue to grow to $166 billion in fiscal 2030, which would make up ...

Oracle Cloud to deploy 50,000 AMD AI chips, signaling new Nvidia competition

Oracle Cloud Infrastructure on Tuesday announced that it will deploy 50,000 Advanced Micro Devices graphics processors ...

Oracle to offer cloud services using AMD's upcoming AI chips

Oracle will offer cloud services using Advanced Micro Devices' upcoming MI450 artificial intelligence chips, the companies ...

Oracle, OpenAI Sign $300 Billion Cloud Deal

The deal is one of the largest cloud contracts ever signed, reflecting how spending on AI data centers is hitting new highs despite mounting concerns over a potential bubble.
Datacenter Dynamics

Meta in talks to sign $20bn Oracle cloud deal - report

Meta is in talks to sign a multi-year cloud deal with Oracle worth about $20 billion, Reuters reports. The contract would be used to augment Meta's growing AI training and inference needs. Meta has ...