Oracle gives strong long-term growth outlook as AI cloud demand soars

By Zaheer Kachwala

Technology
Tuesday, 11 Mar 2025
8:01 AM MYT

FILE PHOTO: Figurines with computers and smartphones are seen in front of Oracle logo in this illustration taken, February 19, 2024. REUTERS/Dado Ruvic/Illustration/File Photo

(This March 10 story has been corrected to say 'analysts' average estimate,' not 'median estimate,' in paragraph 11)

(Reuters) - Oracle CEO Safra Catz on Monday gave a strong growth outlook for its fiscal 2026 and 2027, indicating that the skyrocketing demand for advanced artificial intelligence computing shows no signs of slowing down.

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Oracle gives strong long-term growth outlook as AI cloud demand soars

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