By Aditya Soni
Publication Date: 2025-12-09 18:35:00
By Aditya Soni
December 9 (Reuters) – Months after Oracles (ORCL) The backlog of more than $400 billion sparked a frenzy in the stock market, and enthusiasm gave way to doubts about its reliability OpenAI and the debt-fueled data center expansion that will dominate its earnings on Wednesday.
Long a smaller player in the cloud market, Oracle asserted itself this year as one of the larger providers of the leased computing power essential to generative AI thanks to its collaboration with ChatGPT developer OpenAI.
It competes with industry giants Amazon.com, Microsoft and Google for a share of the lucrative market as companies adopt AI and startups develop the technology to secure access to capacity.
Oracle, along with other major cloud providers, is expected to spend more than $400 billion on AI infrastructure this year.
Analysts have said that a large portion of Oracle’s capital spending is tied to OpenAI-related data centers. This has raised concerns among investors as details are known…
