Oracle AI World 26 - building data centers? Look, it's complicated, says Oracle co-CEO Clay Magouyrk, but it's under control

For some time now Oracle has been the subject of some scuttlebutt about whether it’s over-stretched in terms of its borrowing on the back of its infrastructure expansion commitments and its part on what some commentators see as a closed loop of financial dependency centered around a handful of vendors.

Of course, fears of an East India Company style AI bubble bursting are nothing new and hardly restricted to Oracle. Consultancy ISG warned of the dangers of circular funding earlier this month when it noted:

The cloud providers are investing in the model companies, the model companies are committing significant portions of that capital back to the cloud infrastructure, and those commitments are showing up in the backlog and future demand.

But the reality for Oracle - and others - is that demand has outstripped supply for a long time, even before the AI hype cycle took off, and...

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