In the global cloud market, Oracle Cloud Infrastructure (OCI) holds a 2% share of the revenue, which translated to $1.5 billion in the third quarter of 2023. Despite ranking lower than the top three providers, OCI accounts for over 10% of Oracle’s total revenue. As a result, Oracle is planning to invest $10 billion in capital by 2025 to expand its data center infrastructure.
OCI is focusing on AI capabilities, offering a range of Nvidia AI processors for AI computing. The partnership with OpenAI and Microsoft Azure further strengthens OCI’s position in the AI market. OCI’s AI infrastructure is designed to create and train AI models efficiently.
Moreover, OCI announced a partnership with Google Cloud to provide customers with access to leading technologies from both vendors. This partnership aims to enhance database and networking performance for customers using both Oracle and Google Cloud services.
Overall, OCI’s strategic investments in data center expansion, AI capabilities, and partnerships with major cloud providers position it well for growth in the competitive cloud market. Oracle’s focus on innovation and collaboration with industry leaders indicates a strong commitment to meeting the evolving needs of cloud customers.
Article Source
https://www.datacenterfrontier.com/cloud/article/55089763/if-you-cant-beat-them-oracle-cloud-infrastructure-joins-with-azure-ai-openai-google-cloud
