Oracle’s Cloud Surge Powers a New AI Infrastructure Growth Engine

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‼️ 🧠 Oracle’s fiscal first-quarter revenue rose nearly 30% year over year to $19.35 billion, while adjusted EPS increased 30% to $1.92. Cloud revenue surged 62% to $11.61 billion, led by a 121% increase in cloud-infrastructure revenue, as the company added 850 megawatts of data-centre capacity during the quarter.
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