Oracle Q3 Earnings: 5 Things To Know
Wade Tyler Millward
Oracle continues to assert that its technology beats that of cloud’s big three of Amazon Web Services, Microsoft and Google Cloud.
Oracle’s continued assertion that it outpaces cloud’s big three in technological ability not only in cloud but in artificial intelligence was one of the highlights of the vendor’s latest quarterly earnings report.
“Our network is much faster than the other guys’ network,” Oracle co-founder and Chief Technology Officer Larry Ellison said on the Austin, Texas-based vendor’s quarterly earnings call Thursday – covering the quarter ended Feb. 28.
“We can create these groups of GPUs,” he said. “We can marshal them together. The other guys can’t do that. They can build clusters, but they actually literally are physically building a new cluster. They’re building new hardware. Our existing hardware, standard network, allows us to group these things together dynamically—these GPUs together dynamically to attack AI problems. No one else can do this.”
[RELATED: Oracle’s Ellison: Health-Care AI ‘More Important’ Than ‘Very Cool’ ChatGPT]
Oracle 3Q Earnings
CRN has reached out to Amazon Web Services, Microsoft and Google Cloud – the No. 1, No. 2 and No. 3, respectively, in cloud computing by market share – for comment.
Here’s what else you need to know from Oracle’s quarterly earnings call.