In a recent earnings call, Oracle revealed several strategic initiatives, including new partnerships with OpenAI and Google Cloud. OpenAI will use Oracle Cloud Infrastructure for AI workflows, while a multi-cloud partnership with Google Cloud will expand Cross-Cloud Interconnect to 11 Oracle regions. Oracle is also open to partnering with Amazon Web Services to enhance network efficiency. The company secured over 30 AI contracts worth $12 billion and is building some of the world's largest data centers.
CEO Safra Catz highlighted Oracle's growing cloud capacity and record-level sales, expressing confidence in the company's future growth. Co-founder Larry Ellison emphasized Oracle's unique capabilities in building both small and large data centers, which are crucial for AI advancements.
Source: CRN
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