Oracle explains water usage for Project Jupiter data center
It uses non-potable well water for cooling and fuel cells, with minimal annual maintenance water, equivalent to about nine US households over 15 years.
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Enterprise cloud software and infrastructure provider
oracle.comLast updated
In short: Oracle reported strong fiscal Q4 2026 earnings driven by AI and cloud growth, while facing scrutiny over massive debt and significant layoffs.
It uses non-potable well water for cooling and fuel cells, with minimal annual maintenance water, equivalent to about nine US households over 15 years.
The $395.8 million contract will replace 100+ systems with a single cloud HCM platform, cutting costs by 90%.
Total revenues up 21% to $19.2 billion, cloud revenue up 47% to $9.9 billion, driven by 93% IaaS growth. RPO grew $85 billion sequentially.
He warns the Remote Access Security Act would lock US AI out of 30-45% of global market, benefiting Chinese competitors.
"A capex supercycle is taking hold," Peter Oppenheimer, the bank's chief global equity strategist, said in a client note on Tuesday.
Marcus says that Open AI is burning cash extremely fast, which makes him skeptical about the company's long-term viability.
Microsoft was recently in talks with Oracle for cloud infrastructure, but sources say the deal fell through over security and compliance concerns.
$120 billion in debt is just the start for Oracle.
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