Info via Reuters in the stunning 27% after hours price rise:
- Oracle (ORCL) expects booked revenue at its Oracle Cloud Infrastructure business to exceed half a trillion dollars
- "Over the next few months, we expect to sign-up several additional multi-billion-dollar customers and RPO is likely to exceed half-a-trillion dollars,"
- "We made it very easy for our customers to directly connect all their databases ... to the world's most advanced AI reasoning models — ChatGPT, Gemini, Grok, all of which are uniquely available in the Oracle Cloud,"
