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Market
Will Oracle's cloud database revenue grow by 20% or more in Q4 2024 compared to Q4 2023?
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Resolution / Starting Odds
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Oracle's quarterly earnings reports
Story
Oracle Launches Exadata Exascale Service with AMD Processors to Boost Efficiency and Cut Costs
Jul 16, 2024, 03:00 PM
Oracle has introduced its new Exadata Exascale service, which aims to enhance efficiency and reduce costs for its customers. The Exadata architecture allows Oracle customers to scale their database resources dynamically in the cloud for the first time. This service, powered by AMD processors, combines tens of thousands of processors with high-speed networks, remote direct memory access, and storage in a single system. Oracle's Exadata Exascale service also promises extreme performance, reliability, and security benefits. Additionally, the new service has significantly increased the scale and performance of Oracle's cloud database offerings while reducing prices. Oracle also powers a carbon platform and supercharges its cloud operations.
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