Oracle's Cloud Infrastructure Grew 121% and It Has $664 Billion in Committed Future Revenue. The AI Demand Is Real.

Oracle's most significant earnings ever: cloud infrastructure up 121%, $664B in remaining performance obligations, 300,000 GPUs delivered tripling prior-quarter capacity. The demand side is confirming what supply constraints have been showing. We cover the numbers, Microsoft's plan to grow from 12 to 38 gigawatts by 2032, and an Anthropic researcher who resigned over extinction risk after the company's September safety disclosures.