Oracle shares surge on 21% net income growth to $2.9bn in Q1 FY25
The tech giant’s cloud services and licence support revenue grew by 10% to $10.52bn, while the revenue of the cloud licence and on-premise licence segment increased by 7% to $870m.
Cloud
Data centres could drive 2.5bn tons of CO2 emissions by 2030, warns Morgan Stanley
Atos revises financial projections amid challenging business environment
Google’s Dublin data centre blocked amid energy usage concerns
AMD to acquire hyperscale server solutions provider ZT Systems in $4.9bn deal
Generative AI driving cloud adoption among businesses across North America and Europe, report finds
Palantir, Microsoft to deliver AI capabilities to US defence, intel agencies
UK CMA to launch phase one probe into IBM’s $6.4bn acquisition of HashiCorp
