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Larry Ellison quote, Dec 11, 2023

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

Simultaneously we are building dozens of new datacenters in countries all over the world. Demand is over the moon.

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

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On the same topics

Quote
If the top U.S. labs have to give up on what is supposed to be really important, they will look very “catchable.” The policy creates a big incentive for some other parts of the world to invest a lot more in compute.Tyler CowenSep 22, 2026· Post
A world with sufficient compute is one where intelligence is a commodity, and in commodity markets margin comes from a superior cost structure, which I would expect the leading model providers to have, in part because they have a meaningful lead in scaling and can apply superior AI to their infrastructure.Ben ThompsonSep 21, 2026· Post
I have my doubts that the labs can afford to spend a constant portion of this compute on internal R&D as the total volume goes up, especially with plans to IPO, as they face increased scrutiny on basic economics.Nathan LambertSep 19, 2026· Post
It is important to not confuse massive steps in inference-time scaling, a dynamic which should be fairly predictable, with being the outputs of RSI, which is highly uncertain.Nathan LambertSep 19, 2026· Post
If you have five hours, you’re probably going to do a lot better. The AI models are pretty similar.Noam BrownSep 17, 2026· Interview
AI has reached its inflection point. It’s doing useful work. Its tokens are productive and profitable. Now, compute is revenue...Jensen HuangAug 26, 2026· Earnings
About this quote
Said by
Larry Ellison, Chairman and CTO, Oracle
Where
Oracle Q2 FY24 earnings release (SEC Form 8-K, Exhibit 99.1)
Topics
Cloud, Compute
Company
Oracle
Source
sec.gov/Archives/edgar/data/1341439/000095017023069410/orcl-ex99_1.htm

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