While Oracle Will Rake In Big Bucks On AI, Profits Are Hard To Predict

nextplatform.com Jun 13, 2026

While Oracle Will Rake In Big Bucks On AI, Profits Are Hard To Predict

Curated by Shubham · TechCapsules · Jun 13, 2026

AI-summarised brief · reviewed before publication

Oracle is investing heavily in AI infrastructure, with five major datacenters in development to support its AI processing aspirations. The company fired up 1.2 gigawatts of datacenter capacity in fiscal 2026 and will turn on another 1 gigawatt in the first quarter of fiscal 2027. Oracle's revenue backlog of $638 billion will be recognized over the next few years, with 12 percent recognized in fiscal 2027, adding $76.6 billion in revenues. The company's datacenters will provide GPU capacity to meet growing demand, with a long list of customers waiting to rent the capacity. Oracle's investments are expected to pay off, with the company anticipating significant revenue growth.

💡 Why It Matters

· Oracle's massive investments in AI infrastructure position it to capitalize on the growing demand for GPU capacity, making it a major player in the hyperscaler market.
· The company's ability to provide GPU capacity will give it a competitive edge, even if its major customer OpenAI is unable to fulfill its contracts.

AI Capsules Data Centers

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Nearly half of American adults now use AI, but concerns are also…

New research by the Pew Research Center reveals that nearly half of American adults (49%) now use AI chatbots, such as ChatGPT or Gemini, marking a significant increase from last year's 33%. Americans are using AI for various tasks, including researching information, handling work tasks, and entertainment. ChatGPT dominates the U.S. AI market, with 44% of respondents using the OpenAI chatbot. However, concerns about AI's impact on society and data security remain high, with 40% believing AI will be more harmful than beneficial and 71% expecting AI to make their personal information less secure.

💡 Growing AI adoption raises questions about accountability and regulation, as Americans lack confidence in both the government and AI companies to develop and use these tools responsibly. The widespread skepticism about AI's impact on society highlights the need for more transparent and effective regulation to address concerns about data security and societal benefits.

appleinsider.com · Jun 18

Apple’s AI agents in Xcode 27 make vibe coding easier

Apple has unveiled Xcode 27, a developer tool that integrates artificial intelligence (AI) to simplify the coding process. The new version of Xcode includes a Core AI framework that allows developers to use on-device AI models with ease, delivering strong performance through a modern Swift API. Xcode 27 also supports third-party AI models and enables developers to have conversations with AI agents, making it easier to create and edit code. This marks a significant shift in Apple's approach to AI, positioning it as a powerful extension of the coding process.

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teslarati.com · Jun 18

Elon Musk predicts Grok will start to challenge Hollywood by the end…

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androidcentral.com · Jun 18

I barely use Gemini’s default chatbot after trying the new Gemini Live…

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💡 The Gemini Live update showcases Google's commitment to refining its AI tools, making them more intuitive and user-friendly. By prioritizing visual content, the new interface opens up new possibilities for everyday use, such as improving productivity and creativity.

techtimes.com · Jun 18

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interestingengineering.com · Jun 18

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