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Oracle Reports Strong Q1 Growth, Cloud Infrastructure Soars

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Oracle posted Q1 total revenues of $19.3 billion, up 30% in USD and constant currency. Cloud Infra (IaaS) revenue rose 121% to $7.4 billion and Cloud Apps (SaaS) grew 10% to $4.2 billion, totaling $11.6 billion in cloud revenue. The company added 850MW of datacenter capacity and booked over $30 billion in AI cloud contracts, lifting RPO to $664 billion.

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