Oracle Co-CEOs Defend Massive AI Investments: Aim to Build AI Ecosystem

① As doubts emerge about large-scale AI investments, Oracle's two newly appointed co-CEOs have defended their stance; ② The executives argue that substantial investments can provide robust computing power and supporting services, forming an ecosystem to better serve enterprises; ③ Analysts also point out that the ecosystem model of selling AI solutions to large corporations is Oracle's long-term strategy.

Oracle's newly appointed co-chief executive officers defended the company's massive investments in AI data centers, stating that these investments will deliver powerful computing capacity and a range of supporting services, creating an ecosystem that enables AI to better serve enterprises.

Currently, concerns about an AI bubble are rapidly spreading, with questions being raised about whether massive investments by large companies in the AI field are justified. In response, new co-CEO and former president of Oracle Industries, Mike Sicilia, stated in an interview, "We are indeed in a uniquely advantageous position to launch what we call applied AI products. This covers areas including infrastructure, analytics, and applications."

The other co-CEO, former president of Oracle's cloud infrastructure business, Clay Magouyrk, added that Oracle has significant opportunities to help customers process data while utilizing the highest-quality models for inference analysis.