CONNECT WITH US

Oracle's AI cloud deal with OpenAI drives surge in obligations but raises debt concerns

Ollie Chang, Taipei; Jingyue Hsiao, DIGITIMES Asia 0

Credit: AFP

Oracle Corp. reported a significant increase in remaining performance obligations (RPO), up 438% in US dollar terms, in the latest financial results announcement. The surge highlights Oracle's rapid expansion in the artificial intelligence (AI) cloud...

The article requires paid subscription. Subscribe Now