OCI demand for AI workloads, Cerner boost Oracle’s third quarter revenue
CIO
MARCH 10, 2023
Oracle on Thursday reported third quarter total revenue of $12.4 billion, up 18% year-on-year, boosted by the demand for AI workloads in Oracle Cloud Infrastructure (OCI) and Cerner’s contribution to the topline. “So, we have a lot of business, a lot of new AI companies coming to Oracle because we’re the only ones who can run their workloads. And by the way — and we are cheaper.
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