Filing: Oracle signed ~$150B of data center leases in the three months ending November 30, raising its total data center and cloud capacity commitments to $248B
Oracle struck about $150 billion worth of lease commitments on data centers in the three months ending November …
$ORCL Oracle CFO on their FY26 CapEx forecast by $15B: “Given the added RPO this quarter that can be monetized quickly starting next year, we now expect fiscal 2026 CapEx will be about $15 billion higher than we forecasted after Q1” [image]
REPORT: Oracle $ORCL now has $248 Billion of AI/cloud data center lease commitments. This is up $150 Billion from the $99 Billion in commitments reported at the end of August. [image]
I never thought I'd say this, but I genuinely wonder if Oracle could die! One of the few true bailout targets I'd humor. They're doing $248bn of lease deals while spending $12bn in capex a quarter, negative cash flow too. Nasty stuff — www.theinformation.com/briefings/ or...
Oracle added $148bn of lease agreements to make sure it can provide the compute to OpenAI for a deal that OpenAI cannot afford to pay for. OpenAI is probably like $30bn+ of the $52bn of revenue Oracle is meant to book from its backlog. We're setting up for an existential threat…