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Oracle is giving Wall Street numbers it can bet on as Larry Ellison's tech giant becomes investors' new favorite AI play
Yahoo Finance· 2025-09-12 05:51
Revenue is expected to hit $18 billion this year for its cloud business, a 77% year-over-year increase. By the start of the next decade, Oracle sees that number ballooning to $144 billion.It's a refreshing take for investors tired of translating the pie-in-the-sky projections so many AI companies make.Oracle's demonstrating how its business is growing from AI with some hard numbers.It's becoming a sort of utility provider for companies in the AI space, offering a bunch of the resources they need to build ou ...