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Oracle Q3 numbers show it really is a cloud co now

“We’re building an AI data center in the United States, where you could park eight Boeing 747s nose to tail..."

The Stack

Mar 12, 2024 - 2 min read

Oracle Corporation is in a "hypergrowth phase" for its cloud services, with cloud revenues climbing past license support for the first time.

Speaking to investors and analysts on its earnings call yesterday, the company's C-Suite gushed about demand for its cloud services.

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