By Timothy Prickett Morgan
Publication Date: 2026-06-12 18:08:00
The transition from perpetual licenses to subscription-based pricing has been a difficult transition for all system and application software vendors, but one that Oracle has handled with a certain grace. But that transition pales in comparison to the tectonic shift Oracle is making as it invests to become the fifth hyperscaler based in the United States.
There has been a lot of excitement about Oracle’s massive investment in infrastructure, with five major data centers in various stages of development to support its AI processing ambitions. Wall Street was once again very nervous this week as the company announced its fourth quarter results for its 2026 fiscal year. But here’s the thing: The worst of this transition is mostly over.
The company commissioned 1.2 gigawatts of data center capacity in fiscal 2026 and will commission an additional 1 gigawatt of capacity in the first quarter of fiscal 2027, ending in August. And in…
