"Oracle and Amazon's AWS announced a connection between Oracle Interconnect and AWS Interconnect, providing customers with a private, managed, high-speed link between Oracle Cloud Infrastructure and AWS data centers. This eliminates the need for separate network providers and reduces public-internet latency."
"Oracle SVP Nathan Thomas stated that this move helps customers modernize their applications, unify their data, and unlock new generative AI opportunities without leaving the cloud they already trust."
"Oracle's fiscal 2026 third-quarter earnings revealed total cloud revenue reached $8.9 billion, a 44% increase year-over-year, with infrastructure revenue alone hitting $4.9 billion, up 84%. This reflects a significant acceleration in growth."
Cloud customers are increasingly adopting multicloud strategies, utilizing various platforms for AI models and data management. Oracle and AWS have announced a partnership to connect their cloud infrastructures, allowing customers to benefit from a high-speed, private link. This integration facilitates the use of Oracle services within AWS, enhancing application modernization and data unification. Oracle's cloud revenue has seen significant growth, indicating a strong momentum in the IaaS market, driven by the demand for multicloud solutions.
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