Oracle is showing why AI infrastructure is becoming a serious growth story.
$664B backlog, $7.4B in Cloud Infrastructure revenue, up 121% YoY, and $30B+ in new AI cloud contracts.
The lower-than-expected cash burn also caught my attention.
$ORCL jumped after hours, but I’m more interested in whether this AI demand can keep translating into actual revenue growth.
$664B backlog, $7.4B in Cloud Infrastructure revenue, up 121% YoY, and $30B+ in new AI cloud contracts.
The lower-than-expected cash burn also caught my attention.
$ORCL jumped after hours, but I’m more interested in whether this AI demand can keep translating into actual revenue growth.
