Oracle's latest earnings call has served as an eye-opener of sorts for AI skeptics, with the company taking pains to assert that the demand for data centers is still "outstripping supply." What's more, some of Oracle's upcoming facilities are truly mind-boggling, employing NVIDIA's GPUs at a scale that has never been seen before. Oracle's Q1 FY2025 Earnings Call $ORCL Oracle Q1 FY25 (ending in August). • RPO +53% Y/Y to $99B. CEO Safra Catz: "That strong contract backlog will increase revenue growth throughout FY25. But the biggest news of all was signing a MultiCloud agreement with AWS." • Revenue +7% […]
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