The company is currently operating 162 data centres globally
Debasis Mohapatra
Bengaluru, 13 September 2024
Oracle is betting big on data centre business as the technology major sees higher demand in this segment on the back of increasing cloud migration and AI adoption.
In the analyst call after the first quarter earnings, Oracle management indicated that the company would aggressively set up more data centres in order to serve all kinds of clients.
“We have 162 data centers now. I expect we will have 1,000 or 2,000 or more data centers — Oracle data centers around the world, and a lot of them will be dedicated to individual banks or telecommunications companies or technology companies…or nation states, sovereign clouds, all of this other stuff,” Lawrence Ellison, Chairman and Chief Technology Officer of Oracle has said during the analyst call.
Oracle’s biggest data centre is of 800 gigawatts now and the smallest one is about 150 kilowatts.
“The largest of these data centers is 800 megawatts, and it will contain acres of NVIDIA GP clusters able to train the world’s largest AI models. That’s what’s required to stay competitive in the race to build one, just one of the most powerful artificial neural networks in the world. The stakes are high and the race goes on. Soon Oracle will begin construction of data centers that are more than a gigawatt. Building giant data centers with ultra-high apartments RDMA networks and huge 32,000 node NVIDIA GPU clusters is something that Oracle has proven to be very good at. It’s the reason we’re doing so well in the AI training business,” Ellison has said.
He also said that Oracle’s data centres are suitable for clients opting for whether public or private cloud.
Oracle’s revenue increased 8% to $13.31 billion in the first quarter of fiscal 2025 from $12.45 billion a year ago. Its net income rose to $2.93 billion from $2.42 billion in the same quarter a year ago.
