Oracle expects data-hungry generative AI to drive revenue growth
CIO Business Intelligence
SEPTEMBER 12, 2023
As of today, AI development companies have signed contracts to purchase more than $4 billion of AI training capacity in Oracle’s Generation 2 cloud. Revenue from cloud applications for the quarter grew 15% year-on-year to $3.1 “Generative AI is changing everything. Revenue from IaaS was up 66% to $1.5 billion. billion. “And
Let's personalize your content