‘The scale of opportunity is unimaginable’: Larry Ellison touts healthcare AI as Oracle’s income grows

Becker's Healthcare December 10, 2024
Laura Dyrda

Oracle reported 9% revenue increase for the second quarter of the 2025 fiscal year, hitting $141 billion.

“Record AI demand drove Oracle Cloud Infrastructure revenue up 52% in Q2, a much higher growth rate than any of our hyperscale cloud infrastructure competitors,” said CEO Safra Catz. “Growth in the AI segment of our Infrastructure business was extraordinary – GPU consumption was up 336% in the quarter–and we delivered the world’s largest and fastest AI superComputer scaling up to 65,000 NVIDIA H200 GPUs.”

Ms. Catz said the company expects to see the fiscal year 2025 revenue for Oracle Cloud grow to exceed $25 billion. The cloud business trains specialized AI models and embeds hundreds of AI agents in cloud applicators, according...

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