Oracle collected $11.36 billion in customer prepayments in Q1 FY2027 as AI clients like OpenAI fund its massive data center buildout in exchange

Oracle signed over $30 billion in AI cloud contracts in Q1 FY2027 as cloud infrastructure revenue surged 121% and total RPO reached $664 billion.

Oracle raised its fiscal year 2027 revenue guidance to $90 billion, driven by surging AI cloud demand, but $90-95 billion in planned capex is