Oracle impresses at AI World 2025 event – Growth targets for 2030 raised!
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Oracle raises its long-term growth targets for 2030, planning for revenue of $225 billion and a net profit of $21 per share. The remaining performance obligations exceed $500 billion. Outside of OpenAI, there have been $65 billion in new bookings from four customers in the last 30 days. The new Oracle AI Database 26ai allows the execution of AI agents directly on the data. The business is expected to grow from $2.4 billion to $20 billion by 2030. The Oracle AI World 2025 event impresses with several product innovations and partnerships....
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