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Oracle

Larry Ellison, Chairman and CTO of Oracle:

Oracle currently operates or is constructing 162 cloud datacenters around the world.

The largest of these datacenters is 800 megawatts, with several acres dedicated to a Nvidia GPU cluster for training large-scale AI models.

In the first quarter, a total of 42 cloud GPU contracts worth 3 billion dollars were additionally signed.
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  • Jamaica no problem : Thank you very much for always providing such a great amount of information 😊 It is greatly appreciated and serves as motivation.

  • Kimihiko OP : Oracle Corp temporarily rose by about 9% in after-hours trading. It has been confirmed that the demand for AI continues to contribute to the expansion of the cloud computing business revenue. Revenue for the period of June to August increased by 7% to $13.3 billion, or approximately 1.9 trillion yen, but cloud revenue grew by 21% to $5.6 billion. It is in line with market expectations, but a reevaluation of AI demand is expected.

  • Kimihiko OP : Oracle Corp's cloud revenue in the first quarter increased by 21% year-on-year (excluding the impact of exchange rate fluctuations, it increased by 22%) to $5.6 billion, driven by a 45% year-on-year increase (excluding the impact of exchange rate fluctuations, it increased by 46%) in cloud infrastructure revenue, reaching $2.2 billion.

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