Oracle posts 30% revenue growth fueled by AI cloud demand as debts hits $125 billion
Oracle's cloud infrastructure revenue jumped 121% from a year earlier, reflecting demand for AI cloud services.
Oracle's cloud infrastructure revenue jumped 121% from a year earlier, reflecting demand for AI cloud services.
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Oracle's cloud infrastructure revenue jumped 121% from a year earlier, reflecting demand for AI cloud services.
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Anthropic has published an economic model projecting how AI might reshape the US economy by 2030, and its three scenarios range from barely perceptible to a boom with no historical precedent, including one in which GDP…
Chinese AI chipmaker Enflame, an Nvidia rival and one of China's "four little dragons," made its Shanghai market debut.
Oracle's results for the quarter came in stronger than expected, as did its revenue backlog.
Faster sales growth suggests progress in its risky push to compete in the AI infrastructure race
The UAE plans to invest 40 billion euros ($46.4 billion) in Germany, with data center infrastructure a key part of the package.
It comes after France's national statistics office lowered its forecast for 2026 growth from 0.7% to 0.4% and warned that the French economy was "losing ground." Grouped from 2 articles across 1 sources.