Oracle’s Cloud Growth; Debate Around AI Risks

What happened

Oracle’s latest results helped ease concerns around its massive AI infrastructure buildout, with cloud infrastructure revenue growing 120% and the company bringing roughly 850 megawatts of new capacity online. BNP Paribas Global Head of Software Research Stefan Slowinski sees a more constructive setup as Oracle moves toward positive free cash flow, but says its upcoming Financial Analyst Day will be key for understa…

Summary assembled by rule from the sources below

Timeline

1. 18:10
   First appeared on Bloomberg TechnologyBBloomberg Technology
2. 18:16
   Bloomberg Technology followed upBBloomberg Technology

Sources