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Oracle CEO: We continue to accelerate in our growth

In an interview on CNBC’s Mad Money, Safra Catz said Oracle has so much demand, it keeps booking it. In the first week this quarter, it booked $1.5B in just AI workloads. “We spent a lot last year in setting up the base for our cloud,” she noted. She said moving the Cerner business to the cloud is resulting in near term headwinds for that unit. “Cerner is an opening to bring healthcare to the 21st century,” she added.

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