The announcement stated that Microsoft Chairman and CEO Satya Nadella and Oracle Chairman and Chief Technology Officer Larry Ellison will announce the news. The heads of the two giants announced their cooperation, and it seems that there must be important content.

In the past, the two technology giants were both competitors and business collaborators. Recently, Microsoft and Oracle announced a partnership that will allow customers to run enterprise workloads on their cloud services, combining Azure capabilities such as analytics and artificial intelligence with Oracle Cloud services such as autonomous databases.

The partnership was later expanded to allow customers to access Oracle Cloud applications through conversational AI experiences in Microsoft Teams.

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The VirtualBox 7.0.10 maintenance version update mainly initially added support for guests and hosts in Linux 6.4; initially added support for hosts in Linux 6.5.

The new version initially adds support for Indirect Branch Tracking for hosts and initially adds support for guests and hosts of Red Hat Enterprise Linux 8.8 and Red Hat Enterprise Linux 9.3.

VirtualBox 7.0.10 fixes an issue where reloading the vboxvideo module caused kernel panics in some guests, and a bug that rebuilds the kernel module during each boot for guests that do not have X11 installed.

VirtualBox 7.0.10 adds initial support for OpenGL 4.1, improves support for virtual machines configured with TPM 1.2, introduces general improvements to OCI and GUI, improves support for macOS 13.3 Ventura, and improves support for Windows 11 Guest support.

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According to financial report data, in the fourth fiscal quarter, Oracle’s total revenue reached US$13.8 billion, a year-on-year increase of 17%. For comparison, Wall Street analysts’ average forecast for total revenue was $13.7 billion, and Oracle beat analyst expectations. Net income, excluding special income, was $1.67 a share, beating analysts’ forecast of $1.58.

Among them, the revenue of Oracle’s cloud computing business in the fourth fiscal quarter was US$4.4 billion, a year-on-year increase of 54%, which has exceeded the 45% growth rate in the third fiscal quarter. Among cloud computing segments, cloud infrastructure grew 17 percent to $1.4 billion in revenue, and cloud software sales rose 45 percent to $3 billion.

At the financial report meeting, Oracle CEO Safra Catz said that in the new fiscal year ending in May next year, it is expected that the cloud computing business will maintain a similar or even higher growth rate than the previous fiscal year.

John DiFucci, an analyst at Guggenheim Securities in the United States, said that the current macroeconomic environment is not ideal, and the strong growth of Oracle’s cloud computing business is really unusual.

In the cloud computing market, Oracle is a catcher. In recent years, it has been expanding its cloud computing infrastructure in order to enhance its competitiveness with leading companies such as Amazon and Microsoft. It is reported that the growth rate of leading cloud computing companies such as Amazon and Microsoft has slowed down.

Oracle executives said that there is currently a technological upsurge in generative artificial intelligence in the market, which has boosted the demand for Oracle’s cloud computing business. It is worth mentioning that last week, generative artificial intelligence startup Cohere announced that the company had raised a new round of financing, raising $270 million, and Oracle was one of the investors.

After the release of the earnings report, Barclays Bank analyst Raimo Lenschow said in a client research report that driven by factors such as generative artificial intelligence, Oracle’s cloud computing business continued to maintain growth momentum. Barclays Bank I believe that Oracle’s stock price will continue to maintain its recent upward momentum.

According to Larry Ellison, chairman of Oracle, recently, a generative artificial intelligence company that develops large language models has brought Oracle more than $2 billion in new cloud computing contracts, with signers including Mosaic ML, Adep AI and companies like Cohere. For running generative artificial intelligence computing tasks, Oracle’s “second-generation cloud” products have quickly become the best option, he said.

Katz said that the two strategic segments of Oracle’s cloud computing business are getting bigger and faster, which indicates that the company’s fiscal year 2024 will be another “harvest year.”

On the same day, Oracle’s stock price closed at $116.43 per share, a record high. In the after-hours trading session, the stock price continued to rise, creating a high of $122.87. It is reported that compared with the beginning of the year, Oracle’s stock price has risen by 42%, exceeding the 32% increase of a software ETF fund in the United States during the same period.

A year ago, Oracle made a big acquisition, buying Cerner, an American digital case service provider, and changing its name to “Oracle Health.” In the fiscal fourth quarter, this business contributed $1.5 billion in revenue. It should be pointed out that the management stated that it wants to increase the profit margin of this business, and it has launched the “Oracle Health” layoff plan earlier this year.

For the current quarter, which ends at the end of August, Katz forecasts cloud growth excluding Oracle Health at 29%. Quarterly revenue is expected to grow 8% to 10%. For comparison, Wall Street analysts on average forecast revenue growth of 8%. Catz said earnings for the quarter are expected to be between $1.12 and $1.16 per share.

The strength of Oracle’s cloud computing business lies in business application software, which accounts for the bulk of revenue, including Fusion software for managing company finances, and subsidiary NetSuite’s enterprise resource planning software, which mainly serves small and medium-sized companies. Fusion revenue rose 26% in the fiscal fourth quarter, up from 25% in the third quarter, the data showed. NetSuite software revenue rose 22% in the fiscal fourth quarter, down slightly from 23% in the prior quarter.

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The deal will help the two rival cloud service providers meet the growing demand for servers that can run AI software, which has led to a shortage of servers.

Discussions about the proposed deal have been ongoing as executives including Oracle Chairman Larry Ellison hammer out a broader AI strategy, including how to use AI software, possibly from the development of ChatGPT, the person said. Vendor Openai) to improve the company’s core software products. Oracle is also considering developing AI software in-house and selling it to cloud customers.

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NVIDIA DGX Cloud and the NVIDIA AI Foundations services running on it leverage the NVIDIA certified OCI Supercluster to ensure they meet the high standards of DGX Cloud.

The OCI Supercluster includes OCI Compute Bare Metal, an ultra-low latency RoCE cluster based on the NVIDIA network, and an option for HPC storage. NVIDIA has deployed and validated the supercluster to support thousands of OCI Compute Bare Metal instances to efficiently process massively parallel applications. the OCI Supercluster network can now scale to 4,096 OCI Compute Bare Metal instances using 32,768 A100 GPUs. OCI Compute Bare Metal instances with NVIDIA H100 GPUs are now available in limited quantities.

In addition, NVIDIA announced that Oracle is adding NVIDIA BlueField-3 DPUs to its networking stack.

NVIDIA AI Foundations modeling services span language, image, video and 3D, as well as biology. Enterprises can use NVIDIA NeMo Language Services and NVIDIA Picasso Image, Video and 3D Services to build proprietary, domain-specific generative AI applications that enable intelligent chat and customer support, professional content creation, digital simulations and more. For bio-AI model training and inference, NVIDIA BioNeMo Cloud Services provides tools for rapid customization and deployment of generative AI applications.

On OCI, custom models using NVIDIA AI Foundations and model families like GPT-3 can benefit from the OCI Supercluster, which includes a purpose-built RDMA network. This network provides near wire-speed performance and microsecond latency and removes barriers related to RDMA-dependent workloads.

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Non-GAAP net income was $3.31 billion, compared with a net income of $3.38 billion a year earlier.

Oracle Corporation today released its financial report for the second quarter of fiscal year 2023 ending November 30, 2022. According to the financial report, Oracle’s total revenue in the second quarter was US$12.3 billion, an increase of 18% year-on-year. Net income was $1.74 billion, compared with a net loss of $1.25 billion a year earlier.

Non-GAAP net income was $3.31 billion, compared with a net income of $3.38 billion a year earlier.

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VirtualBox 7.0.4 also has improvements to Linux Guest Additions, fixes the kernel module rebuild behavior when the system is shut down, and fixes the progress indication when automatically installing Linux Guest Additions. In addition, the new VirtualBox release also improves the boot scripts for Linux Host and Guest.

Among other notable changes, VirtualBox 7.0.4 adds nested paging support for nested virtualization of Intel hosts, more informative file manipulation in the Guest Control file manager, an option in the Global Settings (display page) that allows users to adjust the font size of the user interface, and a new menu in the Device menu has added a new menu item with the option to upgrade guest additions.

This release also restores the input pointing device behavior in multi-monitor VM configurations and fixes issues such as fallback in the New VM Wizard (which deletes the selected virtual disk when the wizard is canceled), jamming after shutting down a VM using a virtio SCSI controller, I/O errors in the VirtioSCSI controller when enabling host I/O caching, and guest control of path handling, and various other issues.

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Available sources suggest that some employees affected by the layoffs can now find new positions within Oracle by Monday, Oct. 31. But at least one employee who has just been laid off said he was notified that his employment relationship with Oracle would be terminated next Monday.

Oracle has yet to comment.

Recent reports suggest that Oracle’s employee morale has been particularly low since August. That’s because the company had quietly gone through a round of layoffs at the time, potentially affecting thousands of employees around the world.

Oracle’s NACT division, headed by Oracle executive vice president Mark Hura, has acquired many of the tech giant’s cloud computing projects, including cloud databases and applications. It is worth noting that NACT and Oracle Cloud Infrastructure (OCI), led by Oracle Executive Vice President Clay Magouyrk, are two different divisions, while OCI is designed to benchmark market leader Amazon AWS and create a strategic sector. It’s unclear if OCI will also cut jobs.

In addition to the layoffs, Oracle introduced new hiring restrictions in September, causing panic within the company, with many worried that mass layoffs could come at any time. Under the new hiring restrictions, Oracle will focus on hiring outside of costly tech hubs like San Francisco or Seattle. Oracle has struggled to control costs since it recently bought case database company Cerner for $28.3 billion.

In its most recent filing with the U.S. Securities and Exchange Commission (SEC), Oracle expects to incur $519 million in restructuring charges during the fiscal year ending in August 2023. The filing also disclosed that the cost was “primarily related to employee severance pay.”

“They just put too much money into Cerner, so they’re tightening their belts to pay for it,” said an Oracle recruiter.

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The most notable improvement in today’s release of VirtualBox 7.0 is the support for virtual machines to run fully encrypted, including encrypted configuration files as well as saved state. In VirtualBox 7.0, however, this virtual machine encryption is only supported for unencryption via the command line interface.

VirtualBox 7.0 also introduces a new 3D stack. This VirtualBox 3D support is based on DirectX 11, and Oracle says it is using DXVK for non-Windows hosts (specifically: DXVK-Native), which means that the Direct3D stack is finally running on Vulkan.

VirtualBox 7.0 also supports other big features such as virtual IOMMU devices for Intel and AMD, virtual TPM 1.2 and 2.0 device support, EFI secure boot finally connected, and various GUI enhancements.

Vorbis is the default audio codec for audio recording using WebM containers and no longer uses Opus. UEFI SecureBoot and TPM support now also allows Windows 11 guests to use VirtualBox 7.0. VirtualBox 7.0 also updates the Qt toolkit in use, improves UI accessibility, and makes various fixes. and various fixes have been made.

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