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567 Oracle’s AI Cloud Business Has a Razor-Thin, 16% Gross Profit Margin, New Data Show

The Information
Amir Efrati @ The Information · today 12:17 EDT

Oracle’s AI Cloud Business Has a Razor-Thin, 16% Gross Profit Margin, New Data Show

Internal Oracle documents revealed the challenging financials behind the booming artificial intelligence cloud industry, which focuses on renting out Nvidia server chips to AI developers such as OpenAI, Meta and xAI. In the three months ending in August, Oracle’s rental of Nvidia-powered servers ...

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