By Bob Evans
Publication Date: 2026-03-12 15:00:00
Oracle destroyed the unfounded “Chicken Little” paranoia while building the world-changing data center infrastructure of the AI economy. Yesterday it released stunning third-quarter numbers that prove to even the most irrational cynics that Oracle is a driving leader in the AI revolution.
Let’s take a quick look at a handful of the doomsday predictions made by self-proclaimed “experts” that were thwarted by Oracle’s Q3 results:
BS #1: AI data center expansion is an overcapacity bubble!! Meanwhile, Oracle’s AI infrastructure business on Planet Earth grew 243% (not a misprint), and CEO Clay Magouyrk said that despite Oracle’s staggering build-out of new capacity, customer demand will continue to outstrip supply for some time. Not to put too fine a point on it, but total revenue from cloud infrastructure was increased 44% to $4.9 billion. Do you need more evidence? RPO increased by $29 billion in the quarter – exclusively for new AI infrastructure…
