Oracle rallies after telling investors its AI bet will pay off sooner than expected

Database group projects $30bn in free cash flow by 2029 and will limit additional raising for data centre strategy to $20bn

Read the full story at Financial Times AI ↗

Timeline · 1 report

2026-10-28 19:34 · Financial Times AI
Oracle rallies after telling investors its AI bet will pay off sooner than expected

More stories

Gemini 4 Carbon: Our next frontier model — Google DeepMind Blog
Anthropic reveals plans for blockbuster IPO — Sky News Technology
OpenAI and ServiceNow expand partnership across enterprise workflows — OpenAI News
CoreWeave Builds the First Global Backbone Network Purpose-Built for AI — CoreWeave Blog
PyTorch 2.15 Release Blog — PyTorch Blog
Startups, Did You Know That Agentforce Coworker Can Do This? — Salesforce AI Blog
Building an Agentic AI Platform on Amazon Bedrock AgentCore — AWS Machine Learning Blog
Google AI gets cagey when asked who won the 2020 elections — Ars Technica AI

Get the daily brief of stories like this at 6:30 every morning →