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Oracle says current data center investments can support next wave of AI growth

Tech giant beats revenue expectations as analysts scrutinize its debt load
Oracle revenue rose 30% in its latest quarter as the company garnered $30 billion in new contracts. (CoStar)
Oracle revenue rose 30% in its latest quarter as the company garnered $30 billion in new contracts. (CoStar)
CoStar News
September 11, 2026 | 12:34 AM

Technology giant Oracle posted stronger-than-expected quarterly results and said it can support billions of dollars in new artificial intelligence business without a significant capital spending increase, a positive sign for investors concerned about mounting costs for the data center boom.

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