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Oracle Emerges as AI Dark Horse with $455B Backlog, Joins Trillion-Dollar Club
Oracle Emerges as AI Dark Horse with $455B Backlog, Joins Trillion-Dollar Club
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BTCCSquare news:
Oracle has quietly entered the trillion-dollar valuation tier, defying its legacy reputation as a staid database provider. The company's transformation stems from explosive growth in cloud infrastructure and AI contracts, evidenced by a $455 billion remaining performance obligation backlog—a 350% year-over-year surge.
This contractual pipeline, rivaling the annual revenue of tech giants, signals unprecedented multiyear revenue visibility. Oracle's AI deal momentum positions it as a rare player with both scale and forward-looking certainty in the hyperscaler race.
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