Oracle’s earnings highlight both the opportunity and risk in the AI infrastructure race.
$ORCL Cloud Infrastructure revenue jumped 121% YoY to $7.4B, while its backlog reached $664B.
The company added over $30B in AI cloud contracts and delivered more than 300,000 GPUs. However, free cash flow remained negative at $5.4B.
Strong demand is evident, but investors now need evidence that Oracle’s enormous AI investment can generate sustainable cash returns.
#ORCL #AI #Trading #Crypto #BingX
$ORCL Cloud Infrastructure revenue jumped 121% YoY to $7.4B, while its backlog reached $664B.
The company added over $30B in AI cloud contracts and delivered more than 300,000 GPUs. However, free cash flow remained negative at $5.4B.
Strong demand is evident, but investors now need evidence that Oracle’s enormous AI investment can generate sustainable cash returns.
#ORCL #AI #Trading #Crypto #BingX
