Oracle Corporation reported strong cloud growth and raised its revenue outlook, but underlying revenue growth was minimal.

"Customer demand for AI Cloud Training and Inferencing Services continues to grow faster than supply," said the company in ...

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Oracle posted strong quarterly growth as AI demand fueled cloud infrastructure expansion.

Oracle's fiscal first-quarter revenue rose 30%, beating analysts' estimates. The company saw strong growth in its cloud services, with cloud infrastructure revenue soaring. Oracle has been raising ...

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Oracle's fiscal first-quarter results delivered plenty of AI firepower. Revenue climbed 30% to $19.3 billion, while infrastructure-as-a-service revenue surged 121% to $7.4 billion. The company also ...

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Oracle Corp. reported growth in its cloud computing business that topped analysts’ estimates, suggesting the company’s large AI data center projects are helping boost its financial results.

Shares in the database and cloud-computing company gained less than 1% in morning trading after it reported sharply higher ...

Sales in the closely watched cloud infrastructure business jumped 121% to $7.4 billion, the company said Thursday in a ...

comfortably beat first-quarter expectations today, driven by strong growth in its cloud infrastructure business, and that ...