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Oracle's $638B AI Backlog at Risk as OpenAI Cash Concerns Mount

Motley Fool Read original source (opens in a new tab)
The Story

News Summary

  • Oracle's AI cloud backlog hits $638B, but concerns grow that major customer OpenAI may not fulfill its ~$300B commitment.
  • High debt and slow RPO-to-revenue conversion cast doubt on Oracle's near-term profitability despite cheap valuation.
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