Latest News

State of Security 2026: Data Security

CBA to cut 176 technology and engineering roles

CBA to take AI orchestration agent beyond its retail bank

City of Moreton Bay to trial object detection and AI for traffic flow

ANZ to trial Swift's blockchain ledger

Oracle shares jump as AI push perks up cloud demand

By Zaheer Kachwala

Sep 11 2024 6:45AM

Coincides with partnerships with other cloud services providers.

Oracle shares jump as AI push perks up cloud demand

Oracle shares rose more than 10 percent as a push to embed AI into its cloud service products boosted its first-quarter results and helped it narrow the gap with market leaders. Despite being a late entrant to the cloud business, the company's rapid AI investments has made its software an ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now

Already have an account? Log in to read this article.

Got a news tip for our journalists? Share it with us anonymously here.

© 2019 Thomson Reuters. Click for Restrictions.

Tags:

cloud oracle

Partner Content

How Canberra Institute of Technology and Cisco put students at the centre of campus design

Partner Content How Canberra Institute of Technology and Cisco put students at the centre of campus design

Digital sovereignty is no longer optional - Agentic AI has made it fundamental

Promoted Content Digital sovereignty is no longer optional - Agentic AI has made it fundamental

AI agents are reshaping identity governance, and attackers are already exploiting the gap

Partner Content AI agents are reshaping identity governance, and attackers are already exploiting the gap

CommBank creates opportunities for technologists to upskill with frontier AI companies

Partner Content CommBank creates opportunities for technologists to upskill with frontier AI companies

Sponsored Whitepapers

The Mythos Moment: When AI Outpaces Remediation - How Can Enterprises Respond

The Mythos Moment: When AI Outpaces Remediation - How Can Enterprises Respond

Innovate anywhere with HPE and Azure Local

Innovate anywhere with HPE and Azure Local

Cloud Covered Report: New Zealand

Cloud Covered Report: New Zealand

How healthcare organisations can get more value from cloud

How healthcare organisations can get more value from cloud

The governed agent: A new framework for responsible AI at scale

The governed agent: A new framework for responsible AI at scale

Events

Most Read Articles

UNSW faces a 95 percent cut to its M365 storage by October

UNSW faces a 95 percent cut to its M365 storage by October

Telstra shifts 25,000 users to Atlassian Cloud in four months

Telstra shifts 25,000 users to Atlassian Cloud in four months

CBA to take AI orchestration agent beyond its retail bank

CBA to take AI orchestration agent beyond its retail bank

NAB is modernising data pipelines for its Ada platform

NAB is modernising data pipelines for its Ada platform

Sydney-based AI-cloud waste startup raises $3m

Sydney-based AI-cloud waste startup raises $3m

Brennan uses NiCE to modernise its contact centre

Brennan uses NiCE to modernise its contact centre

Impact Awards: Tecala slashes customer response times for fintech IQumulate

Impact Awards: Tecala slashes customer response times for fintech IQumulate

Interactive introduces private cloud platform

Interactive introduces private cloud platform

Digital61 expands cybersecurity portfolio

Digital61 expands cybersecurity portfolio

Most popular tech stories