Oracle reports data centre revenue boost on AI push

By The BriefBrief

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)

Oracle shares rise after earnings beat and cloud growth · Sep 11, 2026 at 6:04 AM ET
Oracle forecasts improvement as cloud drives backlog growth · Sep 10, 2026 at 6:05 PM ET

Reporting from 3 identified publishers across this event arc.

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