Oracle reported a boost in data centre revenue as its AI strategy accelerates. The company said it spent $28.5bn on capex last quarter to compete with larger rivals, linking the spending to growth in its data centre business.
WHO:
Oracle
WHAT:
Oracle reported a boost in data centre revenue alongside accelerated AI strategy and disclosed $28.5bn capex spending last quarter.
WHEN:
Reported Sep 10, 2026 at 4:51 PM ET
WHERE:
Location not specified
WHY:
Cause not yet established.
How this story developed (showing 2 of 2 earlier reports)
