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Safra Catz quote, Dec 11, 2023

CEO, Oracle · Dec 11, 2023 · Earnings, Oracle Q2 FY24 earnings release (SEC Form 8-K, Exhibit 99.1)

Demand for our Cloud Infrastructure and Generative AI services is increasing at an astronomical rate...

Primary source

Words found on the source page on Sep 25, 2026.

More from Safra Catz

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Over the next few months, we expect to sign-up several additional multi-billion-dollar customers and RPO is likely to exceed half-a-trillion dollars.Sep 9, 2025· Earnings
Cloud Infrastructure growth rate is expected to increase from 50% in FY25 to over 70% in FY26. And RPO is likely to grow more than 100% in FY26.Jun 11, 2025· Earnings
We have now signed cloud agreements with several world leading technology companies including: OpenAI, xAI, Meta, NVIDIA and AMD. We expect that our huge $130 billion sales backlog will help drive a 15% increase in Oracle’s overall revenue in our next fiscal year beginning this June.Mar 10, 2025· Earnings
With our remaining performance obligation (RPO) up 50% to $97 billion, we believe our already impressive growth rates will continue to climb even higher. This fiscal year, total Oracle Cloud revenue should top $25 billion.Dec 9, 2024· Earnings

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We are focused on delivering cloud and AI infrastructure and solutions that empower every business to eval-max their outcomes in the agentic computing era...Satya NadellaApr 29, 2026· Earnings
We build these building blocks, we give this technology, and then we let the world have the creativity to go find some really cool things.Matt GarmanFeb 11, 2026· Statement
We are now committed to a policy of chip neutrality where we work closely with all our CPU and GPU suppliers. Of course, we will continue to buy the latest GPUs from NVIDIA, but we need to be prepared and able to deploy whatever chips our customers want to buy. There are going to be a lot of changes in AI technology over the next few years and we must remain agile in response to those changes.Larry EllisonDec 10, 2025· Earnings
You kind of need to build an infrastructure that’s capable of supporting multiple families and lineages of models. Otherwise the capital you put in, which is optimized for one model architecture, means you’re one tweak away, some MoE -like breakthrough that happens, and your entire network topology goes out of the window.Satya NadellaNov 12, 2025· Interview
In addition to topping leaderboards, our first party models, like Gemini, now process 7 billion tokens per minute, via direct API use by our customers. The Gemini App now has over 650 million monthly active users.Sundar PichaiOct 29, 2025· Earnings
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About this quote
Said by
Safra Catz, CEO, Oracle
Where
Oracle Q2 FY24 earnings release (SEC Form 8-K, Exhibit 99.1)
Topics
Cloud
Company
Oracle
Source
sec.gov/Archives/edgar/data/1341439/000095017023069410/orcl-ex99_1.htm

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