Oracle Cloud
Oracle Public Cloud provides customers and partners with a high-performance, reliable, elastic, and secure infrastructure for their critical business applications and offers customers a complete range of business applications and technology solutions, avoiding the problems of data and business process fragmentation when customers use multiple siloed public clouds.
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News about Oracle Cloud
11.09.25. Oracle shares soar 33% on boom of its Cloud AI services
Oracle shares have surged more than 33%, making Oracle founder Larry Ellison the world's richest person in a single day after the company said demand for its AI cloud services was growing. Since the start of 2025, the company's stock has already risen 45%, outpacing even the Magnificent Seven and the S&P 500 index. Investors are betting on a boom in the AI cloud space, where Oracle is becoming an increasingly influential player. In August, Oracle signed four multi-billion dollar contracts with three clients and CEO Safra Catz said there would be more such deals in the coming months, with orders potentially exceeding $500 billion. However, Reuters notes that despite this breakthrough, the main players in the cloud market remain Microsoft, Amazon Web Services and Google Cloud with a combined share of 65%.
