TechThe Information1h ago
Oracle Keeps a Lid on Capex
Oracle Keeps a Lid on Capex as Customers Pay Up-Front
TL;DROracle grew 30% by shifting costs to customers paying upfront for AI capacity.
Why it matters: Shows sustainable AI demand exists without massive capex spending, signaling healthy cloud economics.
Forget all that chatter about AI killing us all. We’re back to looking at what really matters—the revenue! Oracle demonstrated on Thursday that demand for AI computing capacity remains pretty darn robust. Larry Ellison’s software and cloud firm reported 30% top-line growth for…
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