Reported about 8 hours ago
Oracle reported a staggering backlog of $455 billion, marking a 359% increase from the previous year, signaling robust demand for AI. The company’s optimistic forecasts and significant multibillion-dollar deals are boosting investor confidence and driving shares higher across the AI sector. Analysts dubbed the results 'truly historic,' indicating a seismic shift in AI investments poised to continue strong in the coming years.
Source: YAHOO