{ "data_version": "1", "schema": "https://whatledto.com/data", "id": "oracle", "name": "Oracle", "kind": "company", "url": "https://whatledto.com/who/oracle", "description": "Cloud provider building large AI data centers for OpenAI.", "same_as": [ "https://en.wikipedia.org/wiki/Oracle_Corporation", "https://www.oracle.com/" ], "timelines": [ { "slug": "us-layoffs-register-2025-2026", "title": "Who Cut Jobs When: A Register of Major U.S. Layoffs, 2025 to 2026", "url": "https://whatledto.com/events/us-layoffs-register-2025-2026", "json": "https://whatledto.com/events/us-layoffs-register-2025-2026.json", "role": "Cut thousands of jobs in March 2026 and later began another unquantified reduction while spending heavily on AI data centers.", "entries": 1, "updated_at": "2026-10-22T03:11:00.402205+00:00" }, { "slug": "nvidia-datacenter-gpu-roadmap", "title": "Nvidia Data Center GPUs: Hopper, Blackwell and Vera Rubin", "url": "https://whatledto.com/events/nvidia-datacenter-gpu-roadmap", "json": "https://whatledto.com/events/nvidia-datacenter-gpu-roadmap.json", "role": "Cloud provider NVIDIA named as an intended early deployer of Vera Rubin-based instances.", "entries": 1, "updated_at": "2026-10-19T04:16:55.667289+00:00" }, { "slug": "oracle-ai-cloud", "title": "Oracle's AI Cloud: The Backlog and the Debt Behind It", "url": "https://whatledto.com/events/oracle-ai-cloud", "json": "https://whatledto.com/events/oracle-ai-cloud.json", "role": "The cloud provider building AI data-center capacity, reporting the backlog, and arranging financing for the expansion.", "entries": 27, "updated_at": "2026-10-15T07:25:19.922319+00:00" }, { "slug": "amd-instinct-ai-gpus", "title": "AMD Instinct: From MI300X to Helios and the Gigawatt Deals", "url": "https://whatledto.com/events/amd-instinct-ai-gpus", "json": "https://whatledto.com/events/amd-instinct-ai-gpus.json", "role": "Offered MI300X cloud instances, deployed MI350-series accelerators in OCI, and plans a public 50,000-GPU MI450 supercluster.", "entries": 5, "updated_at": "2026-10-14T04:20:23.900678+00:00" } ], "entries": [ { "timeline": "oracle-ai-cloud", "id": 2182, "url": "https://whatledto.com/events/oracle-ai-cloud#n2182", "date": "2026-10-14", "date_precision": "day", "title": "Oracle is the only one of the four big AI bond issuers without an investment-grade rating", "summary": "Alphabet, Amazon, Meta and Oracle had together issued more than $228 billion of bonds as of 13 October, on LSEG's count, more than double the total for all of 2025 — and of the four, CNBC reported, only Oracle lacks an investment-grade rating at S&P. Oracle's own cost of that debt showed it the same day: the 6.25 percent note maturing in November 2032 was yielding 7.24 percent to maturity, a full point above its coupon, meaning the market now prices Oracle's existing debt well below what Oracle pays on it. This page has tracked the capacity commitments and the borrowing that funds them; this is the first entry on what the borrowing costs.", "type": "other", "entities": [ "Oracle", "S&P Global Ratings" ], "parties": [ "oracle", "s-p-global-ratings" ], "sources": [ { "url": "https://www.cnbc.com/2026/10/14/coreweave-stock-bond-yields-ai-debt.html", "outlet": "CNBC", "published": "2026-10-14", "quote": "For instance, hyperscalers Alphabet, Amazon, Meta Platforms and Oracle together have issued more than $228 billion in bonds, as of Oct. 13, according to LSEG. That is more than double the amount seen in all of 2025. All but Oracle have investment-grade ratings at S&P Credit Ratings." } ] }, { "timeline": "oracle-ai-cloud", "id": 2177, "url": "https://whatledto.com/events/oracle-ai-cloud#n2177", "date": "2026-10-07", "date_precision": "day", "title": "Oracle says it added 850 MW of capacity in a quarter, and counts 225 cloud regions", "summary": "In a post dated 7 October, OCI head Karan Batta said Oracle Cloud Infrastructure now had more than 225 live and planned cloud regions and had added 850 MW of data-center capacity in the preceding quarter. It is Oracle's own measure of how fast the build is running, stated in megawatts rather than dollars.", "type": "announcement", "entities": [ "Oracle" ], "parties": [ "oracle" ], "sources": [ { "url": "https://blogs.oracle.com/cloud-infrastructure/oci-2026-gartner-magic-quadrant-scps-dhi", "outlet": "Oracle", "published": "2026-10-08", "quote": "OCI now has more than 225 live and planned cloud regions, and we added 850 MW of data center capacity this past quarter." } ] }, { "timeline": "oracle-ai-cloud", "id": 1894, "url": "https://whatledto.com/events/oracle-ai-cloud#n1894", "date": "2026-10-02", "date_precision": "day", "title": "Oracle announces plan to absorb $300 million in Wisconsin energy costs", "summary": "Oracle announced a commitment to absorb approximately $300 million in rising energy costs for Wisconsin ratepayers. Oracle said the commitment was part of its Wisconsin energy strategy for Project Lighthouse and involved a planned Point Beach Nuclear Plant electricity subscription.", "type": "announcement", "entities": [ "Oracle", "Project Lighthouse", "Point Beach Nuclear Plant", "Public Service Commission of Wisconsin" ], "parties": [ "oracle", "project-lighthouse", "point-beach-nuclear-plant", "public-service-commission-of-wisconsin" ], "sources": [ { "url": "https://www.oracle.com/news/announcement/oracle-announces-commitment-to-absorb-rising-point-beach-energy-costs-2026-10-02/", "outlet": "Oracle", "published": "2026-10-02", "quote": "By absorbing approximately $300 million in rising energy costs, we are helping protect Wisconsin ratepayers while supporting the reliable, carbon-free power the state depends on." } ] }, { "timeline": "oracle-ai-cloud", "id": 1892, "url": "https://whatledto.com/events/oracle-ai-cloud#n1892", "date": "2026-09-24", "date_precision": "day", "title": "Oracle shares close down 3.5% after Project Jupiter notice", "summary": "Oracle shares closed down 3.5% after the Project Jupiter force-majeure notice was disclosed. Axios reported that the shares had recovered from steeper losses earlier in the session.", "type": "report", "entities": [ "Oracle", "Project Jupiter" ], "parties": [ "oracle", "project-jupiter" ], "sources": [ { "url": "https://www.axios.com/2026/09/24/oracle-force-majeure-blue-owl-openai", "outlet": "Axios", "published": "2026-09-24", "quote": "Oracle shares closed down 3.5% Thursday after paring steeper losses in the morning." } ] }, { "timeline": "oracle-ai-cloud", "id": 1891, "url": "https://whatledto.com/events/oracle-ai-cloud#n1891", "date": "2026-09-24", "date_precision": "day", "title": "Oracle sends Project Jupiter developer a force-majeure notice", "summary": "Oracle sent a force-majeure notice to the developer of Project Jupiter, a Blue Owl Capital unit. Axios identified the developer as Stack Infrastructure and reported concerns about a possible completion delay.", "type": "response", "entities": [ "Oracle", "Project Jupiter", "Stack Infrastructure", "Blue Owl Capital" ], "parties": [ "oracle", "project-jupiter", "stack-infrastructure", "blue-owl-capital" ], "sources": [ { "url": "https://www.bloomberg.com/news/articles/2026-09-24/oracle-cites-force-majeure-to-shield-itself-on-controversial-data-center", "outlet": "Bloomberg", "published": "2026-09-24", "quote": "The technology giant sent the project’s developer, a unit of Blue Owl Capital Inc., a notice citing force majeure, according to people familiar with the situation." }, { "url": "https://www.axios.com/2026/09/24/oracle-force-majeure-blue-owl-openai", "outlet": "Axios", "published": "2026-09-24", "quote": "Oracle, the main tenant of the coming Project Jupiter data center campus, delivered a force majeure notice to the developer, Blue Owl unit Stack Infrastructure, amid growing concerns about a possible delay in completion." } ] }, { "timeline": "oracle-ai-cloud", "id": 1890, "url": "https://whatledto.com/events/oracle-ai-cloud#n1890", "date": "2026-09-18", "date_precision": "day", "title": "Reuters reports pressure on $18 billion in Project Jupiter loans", "summary": "Reuters reported that about $18 billion in loans tied to an Oracle-leased New Mexico data center traded at 89 to 91 cents on the dollar. The report identified Santander and Jefferies as syndicate banks quoting the loans.", "type": "report", "entities": [ "Oracle", "Project Jupiter", "Santander", "Jefferies" ], "parties": [ "oracle", "project-jupiter", "santander", "jefferies" ], "sources": [ { "url": "https://www.aol.com/articles/oracles-18-billion-data-center-220302000.html", "outlet": "Reuters via AOL", "published": "2026-09-18", "quote": "About $18 billion in loans tied to an Oracle-leased data center in New Mexico has come under pressure, with loans quoted at 89 to 91 cents on the dollar by syndicate banks including Santander and Jefferies, the Financial Times reported on Friday." } ] }, { "timeline": "oracle-ai-cloud", "id": 1889, "url": "https://whatledto.com/events/oracle-ai-cloud#n1889", "date": "2026-09-17", "date_precision": "day", "title": "Oracle and Vantage announce $175 million in Lighthouse infrastructure spending", "summary": "Oracle and Vantage Data Centers announced a Wisconsin public-information campaign for Project Lighthouse. They said Project Lighthouse was investing $175 million in local water, wastewater, and power infrastructure upgrades.", "type": "announcement", "entities": [ "Oracle", "Vantage Data Centers", "Project Lighthouse" ], "parties": [ "oracle", "vantage-data-centers", "project-lighthouse" ], "sources": [ { "url": "https://www.oracle.com/news/announcement/oracle-and-vantage-launch-campaign-highlighting-commitments-to-wisconsin-2026-09-17/", "outlet": "Oracle", "published": "2026-09-17", "quote": "In addition, Project Lighthouse is investing $175 million in local infrastructure upgrades, including expanded water and wastewater treatment capacity, upgraded water mains and sewer lines, a new water tower, and power infrastructure." } ] }, { "timeline": "oracle-ai-cloud", "id": 1887, "url": "https://whatledto.com/events/oracle-ai-cloud#n1887", "date": "2026-09-15", "date_precision": "day", "title": "Oracle announces Texas wind investments exceeding 1.7 GW", "summary": "Oracle announced investments in Texas wind-generation projects delivering more than 1.7 GW of carbon-free electricity. The projects were intended to support the ERCOT grid serving Oracle’s Abilene AI facility.", "type": "announcement", "entities": [ "Oracle", "Electric Reliability Council of Texas", "Abilene AI facility" ], "parties": [ "oracle", "electric-reliability-council-of-texas", "abilene-ai-facility" ], "sources": [ { "url": "https://www.oracle.com/news/announcement/oracle-invests-in-more-than-1.7-gw-of-carbon-free-electricity-to-support-ai-growth-and-strengthen-the-texas-grid-2026-08-15/", "outlet": "Oracle", "published": "2026-09-15", "quote": "Today, Oracle announced investments in wind energy generation projects delivering more than 1.7 gigawatts (GW) of carbon-free electricity in Texas." } ] }, { "timeline": "oracle-ai-cloud", "id": 1721, "url": "https://whatledto.com/events/oracle-ai-cloud#n1721", "date": "2026-09-10", "date_precision": "day", "title": "Another $30 billion of AI contracts takes the backlog to $664 billion", "summary": "Oracle said it booked more than $30 billion of additional AI cloud contracts in its fiscal first quarter, taking remaining performance obligations to $664 billion, and that the way those contracts were structured meant no incremental impact on its plans to raise capital. Quarterly revenue rose 30 percent to $19.3 billion.", "type": "report", "entities": [ "Oracle" ], "parties": [ "oracle" ], "sources": [ { "url": "https://www.oracle.com/news/announcement/q1fy27-earnings-release-2026-09-10/", "outlet": "Oracle", "published": "2026-09-10", "quote": "Oracle booked more than $30 billion of additional AI cloud contracts in Q1 increasing its RPO to $664 billion." } ] }, { "timeline": "amd-instinct-ai-gpus", "id": 110, "url": "https://whatledto.com/events/amd-instinct-ai-gpus#n110", "date": "2026-07-23", "date_precision": "day", "title": "MI400 series launched at Advancing AI 2026; Helios customers named", "summary": "AMD launched the Instinct MI400 series, with the MI455X in Helios racks for frontier AI and the MI430X for\nsovereign AI and HPC, and named OpenAI, Anthropic, Meta, Microsoft, Oracle, HUMAIN, Tensorwave, Vultr and\nCirrascale among the organisations choosing Helios.", "type": "launch", "entities": [ "AMD", "Lisa Su", "AMD Instinct MI400 series and MI450 GPUs", "Helios", "OpenAI", "Meta", "Microsoft", "Oracle" ], "parties": [ "amd", "lisa-su", "amd-instinct-mi400-series-and-mi450-gpus", "helios", "openai", "meta", "microsoft", "oracle" ], "sources": [ { "url": "https://ir.amd.com/news-events/press-releases/detail/1294/aai-2026-amd-delivers-full-stack-compute-for-the-agentic-ai-era", "outlet": "AMD Investor Relations", "published": "2026-07-23", "quote": "Leading AI labs and cloud providers are choosing AMD Helios for its open, full-stack performance." } ] }, { "timeline": "oracle-ai-cloud", "id": 1720, "url": "https://whatledto.com/events/oracle-ai-cloud#n1720", "date": "2026-06-10", "date_precision": "day", "title": "Backlog reaches $638 billion as free cash flow runs $23.7 billion negative", "summary": "Oracle ended fiscal 2026 with remaining performance obligations of $638 billion, up 363 percent year over year and $85 billion higher than a quarter earlier. Free cash flow for the year was negative $23.7 billion as the company kept building cloud-infrastructure capacity.", "type": "report", "entities": [ "Oracle" ], "parties": [ "oracle" ], "sources": [ { "url": "https://www.oracle.com/news/announcement/q4fy26-earnings-release-2026-06-10/", "outlet": "Oracle", "published": "2026-06-10", "quote": "Remaining Performance Obligations, or RPO, ended the quarter at $638 billion, up 363% USD year-over-year and up $85 billion sequentially from the end of Q3." } ] }, { "timeline": "us-layoffs-register-2025-2026", "id": 464, "url": "https://whatledto.com/events/us-layoffs-register-2025-2026#n464", "date": "2026-03-31", "date_precision": "day", "title": "Oracle: thousands of jobs cut by 6 a.m. email as AI data-centre spending squeezes cash", "summary": "Oracle began telling employees their roles were eliminated as part of a broader organisational change, with the cuts in the thousands, as its stock fell 25 percent in the year on capital commitments for AI infrastructure; TD Cowen had estimated that cutting 20,000 to 30,000 of its 162,000 staff would free $8 to $10 billion of cash flow. Its annual report later showed headcount down to about 141,000.", "type": "announcement", "entities": [ "Oracle" ], "parties": [ "oracle" ], "sources": [ { "url": "https://www.cnbc.com/2026/03/31/oracle-layoffs-ai-spending.html", "outlet": "CNBC", "published": "2026-03-31", "quote": "Oracle has started telling employees that it's cutting thousands of jobs, CNBC has confirmed, as the software maker deals with a plummeting stock price tied to hefty capital commitments for building out AI infrastructure." } ] }, { "timeline": "oracle-ai-cloud", "id": 1740, "url": "https://whatledto.com/events/oracle-ai-cloud#n1740", "date": "2026-03-10", "date_precision": "day", "title": "Backlog reaches $553 billion", "summary": "Oracle reported remaining performance obligations of $553 billion, up 325 percent year over year.", "type": "report", "entities": [ "Oracle" ], "parties": [ "oracle" ], "sources": [ { "url": "https://www.oracle.com/news/announcement/q3fy26-earnings-release-2026-03-10/", "outlet": "Oracle", "published": "2026-03-10", "quote": "Remaining Performance Obligations $553 billion, up 325% year-over-year in USD" } ] }, { "timeline": "nvidia-datacenter-gpu-roadmap", "id": 21, "url": "https://whatledto.com/events/nvidia-datacenter-gpu-roadmap#n21", "date": "2026-02-25", "date_precision": "day", "title": "NVIDIA unveils the six-chip Rubin platform", "summary": "NVIDIA unveiled the Rubin platform, which it said comprised six chips. It said AWS, Google Cloud, Microsoft Azure and Oracle Cloud Infrastructure would be among the first to deploy Vera Rubin-based instances.", "type": "financial", "entities": [ "Nvidia", "Rubin", "Vera Rubin", "Blackwell", "Amazon Web Services", "Google Cloud", "Microsoft", "Oracle" ], "parties": [ "nvidia", "rubin", "vera-rubin", "blackwell", "amazon-web-services", "google-cloud", "microsoft", "oracle" ], "sources": [ { "url": "https://investor.nvidia.com/news/press-release-details/2026/NVIDIA-Announces-Financial-Results-for-Fourth-Quarter-and-Fiscal-2026/", "outlet": "NVIDIA", "published": "2026-02-25", "quote": "Unveiled the NVIDIA Rubin platform, comprising six new chips to deliver up to a 10x reduction in inference token cost, compared with the NVIDIA Blackwell platform; cloud providers Amazon Web Services (AWS), Google Cloud, Microsoft Azure and Oracle Cloud Infrastructure will be among the first to deploy Vera Rubin-based instances." } ] }, { "timeline": "oracle-ai-cloud", "id": 1734, "url": "https://whatledto.com/events/oracle-ai-cloud#n1734", "date": "2026-02-01", "date_precision": "day", "title": "Oracle plans to raise $45 billion to $50 billion during 2026", "summary": "Oracle said it expected to raise $45 billion to $50 billion of gross cash proceeds during calendar 2026. The statement described a calendar-year funding plan.", "type": "financial", "entities": [ "Oracle" ], "parties": [ "oracle" ], "sources": [ { "url": "https://investor.oracle.com/investor-news/news-details/2026/Oracle-announces-Equity-and-Debt-Financing-Plan-for-Calendar-Year-2026/default.aspx?embed=true", "outlet": "Oracle", "published": "2026-02-01", "quote": "“Oracle expects to raise $45 to $50 billion of gross cash proceeds during the 2026 calendar year.”" } ] }, { "timeline": "oracle-ai-cloud", "id": 1733, "url": "https://whatledto.com/events/oracle-ai-cloud#n1733", "date": "2025-12-10", "date_precision": "day", "title": "Oracle reports $523 billion in remaining performance obligations", "summary": "Oracle reported that remaining performance obligations increased by $68 billion in the second quarter to $523 billion. It said the increase included new commitments from Meta, NVIDIA, and others.", "type": "announcement", "entities": [ "Oracle", "Meta", "Nvidia" ], "parties": [ "oracle", "meta", "nvidia" ], "sources": [ { "url": "https://www.oracle.com/europe/news/announcement/q2fy26-earnings-release-2025-12-10/", "outlet": "Oracle", "published": "2025-12-10", "quote": "“Remaining Performance Obligations increased by $68 billion in Q2—up 15% sequentially to $523 billion—highlighted by new commitments from Meta, NVIDIA, and others.”" } ] }, { "timeline": "oracle-ai-cloud", "id": 1732, "url": "https://whatledto.com/events/oracle-ai-cloud#n1732", "date": "2025-10-16", "date_precision": "day", "title": "Oracle says it is raising its long-term financial outlook", "summary": "Oracle said it was raising its long-term financial outlook. The statement appeared in its 2025 financial analyst meeting presentation.", "type": "financial", "entities": [ "Oracle" ], "parties": [ "oracle" ], "sources": [ { "url": "https://www.oracle.com/a/ocom/docs/corporate/financial-analyst-meeting-2025-kehring.pdf", "outlet": "Oracle Financial Analyst Meeting presentation", "published": "2025-10-16", "quote": "“The result is we are raising our long-term financial outlook…again.”" } ] }, { "timeline": "amd-instinct-ai-gpus", "id": 119, "url": "https://whatledto.com/events/amd-instinct-ai-gpus#n119", "date": "2025-10-14", "date_precision": "day", "title": "Oracle plans a public 50,000-GPU MI450 supercluster", "summary": "AMD said Oracle would be the first hyperscaler to offer a publicly available AI supercluster powered by 50,000 MI450 Series GPUs. The offering was scheduled to begin in the third quarter of 2026.", "type": "announcement", "entities": [ "AMD", "Oracle", "AMD Instinct MI450" ], "parties": [ "amd", "oracle", "amd-instinct-mi450" ], "sources": [ { "url": "https://newsroom.amd.com/news/oracle-and-amd-expand-partnership-to-help-customers-ach/", "outlet": "AMD Newsroom", "published": "2025-10-14", "quote": "Beginning in the third quarter of 2026, Oracle will be the first hyperscaler to offer a publicly available AI supercluster powered by 50,000 AMD Instinct MI450 Series GPUs." } ] }, { "timeline": "oracle-ai-cloud", "id": 1731, "url": "https://whatledto.com/events/oracle-ai-cloud#n1731", "date": "2025-09-23", "date_precision": "day", "title": "OpenAI, Oracle, and SoftBank announce five Stargate data-center sites", "summary": "OpenAI, Oracle, and SoftBank announced five new U.S. AI data-center sites under Stargate. The announcement identified the sites as Stargate projects.", "type": "announcement", "entities": [ "OpenAI", "Oracle", "SoftBank", "Stargate" ], "parties": [ "openai", "oracle", "softbank", "stargate" ], "sources": [ { "url": "https://openai.com/index/five-new-stargate-sites/", "outlet": "OpenAI", "published": "2025-09-23", "quote": "“OpenAI, Oracle, and SoftBank are announcing five new U.S. AI data center sites under Stargate.”" } ] }, { "timeline": "oracle-ai-cloud", "id": 1730, "url": "https://whatledto.com/events/oracle-ai-cloud#n1730", "date": "2025-09-09", "date_precision": "day", "title": "Oracle signs four multibillion-dollar contracts with three customers", "summary": "Oracle said it signed four multibillion-dollar contracts with three customers in the first quarter. The statement was included in Oracle's fiscal-2026 first-quarter financial-results release.", "type": "financial", "entities": [ "Oracle" ], "parties": [ "oracle" ], "sources": [ { "url": "https://investor.oracle.com/investor-news/news-details/2025/Oracle-Announces-Fiscal-Year-2026-First-Quarter-Financial-Results/default.aspx", "outlet": "Oracle", "published": "2025-09-09", "quote": "“We signed four multi-billion-dollar contracts with three different customers in Q1.”" } ] }, { "timeline": "oracle-ai-cloud", "id": 1719, "url": "https://whatledto.com/events/oracle-ai-cloud#n1719", "date": "2025-09-09", "date_precision": "day", "title": "Oracle reports $455 billion of remaining performance obligations, up 359 percent", "summary": "Oracle said its remaining performance obligations reached $455 billion at the end of its fiscal first quarter, up 359 percent in both dollars and constant currency, on quarterly revenue of $14.9 billion. The disclosure recast a database company as a contracted supplier of AI compute.", "type": "report", "entities": [ "Oracle" ], "parties": [ "oracle" ], "sources": [ { "url": "https://www.oracle.com/news/announcement/q1fy26-earnings-release-2025-09-09/", "outlet": "Oracle", "published": "2025-09-09", "quote": "Q1 Remaining Performance Obligations $455 billion, up 359% in both USD and constant currency" } ] }, { "timeline": "oracle-ai-cloud", "id": 1729, "url": "https://whatledto.com/events/oracle-ai-cloud#n1729", "date": "2025-07-22", "date_precision": "day", "title": "OpenAI and Oracle agree to develop 4.5 GW of Stargate capacity", "summary": "OpenAI and Oracle entered an agreement to develop 4.5 gigawatts of additional Stargate data-center capacity in the United States. The agreement concerned the Stargate project.", "type": "announcement", "entities": [ "OpenAI", "Oracle", "Stargate" ], "parties": [ "openai", "oracle", "stargate" ], "sources": [ { "url": "https://openai.com/index/stargate-advances-with-partnership-with-oracle/", "outlet": "OpenAI", "published": "2025-07-22", "quote": "“Oracle and OpenAI have entered an agreement to develop 4.5 gigawatts of additional Stargate data center capacity in the U.S.”" } ] }, { "timeline": "amd-instinct-ai-gpus", "id": 105, "url": "https://whatledto.com/events/amd-instinct-ai-gpus#n105", "date": "2025-06-12", "date_precision": "day", "title": "MI350 series rolling out at Oracle; Helios rack on MI400 previewed for 2026", "summary": "At Advancing AI 2025 AMD said MI350 series accelerators were already deploying at Oracle Cloud\nInfrastructure with broad availability in the second half of 2025, and previewed Helios, a rack-scale\nsystem built on the coming MI400 series GPUs, Zen 6 EPYC \"Venice\" CPUs and Pensando \"Vulcano\" NICs.", "type": "launch", "entities": [ "AMD", "Lisa Su", "Oracle", "AMD Instinct MI350 series", "Helios" ], "parties": [ "amd", "lisa-su", "oracle", "amd-instinct-mi350-series", "helios" ], "sources": [ { "url": "https://ir.amd.com/news-events/press-releases/detail/1255/amd-unveils-vision-for-an-open-ai-ecosystem-detailing-new-silicon-software-and-systems-at-advancing-ai-2025", "outlet": "AMD Investor Relations", "published": "2025-06-12", "quote": "AMD demonstrated end-to-end, open-standards rack-scale AI infrastructure—already rolling out with AMD Instinct MI350 Series accelerators, 5th Gen AMD EPYC™ processors and AMD Pensando™ Pollara NICs in hyperscaler deployments such as Oracle Cloud Infrastructure (OCI) and set for broad availability in 2H 2025." } ] }, { "timeline": "oracle-ai-cloud", "id": 1739, "url": "https://whatledto.com/events/oracle-ai-cloud#n1739", "date": "2025-06-11", "date_precision": "day", "title": "Backlog reaches $138 billion at the close of fiscal 2025", "summary": "Oracle closed fiscal 2025 with remaining performance obligations of $138 billion, up 41 percent, the last reading before the figure more than tripled a quarter later.", "type": "report", "entities": [ "Oracle" ], "parties": [ "oracle" ], "sources": [ { "url": "https://www.oracle.com/news/announcement/q4fy25-earnings-release-2025-06-11/", "outlet": "Oracle", "published": "2025-06-11", "quote": "Remaining Performance Obligations up 41% to $138 billion" } ] }, { "timeline": "oracle-ai-cloud", "id": 1738, "url": "https://whatledto.com/events/oracle-ai-cloud#n1738", "date": "2025-03-10", "date_precision": "day", "title": "Backlog reaches $130 billion", "summary": "Oracle reported remaining performance obligations of $130 billion, up 62 percent in dollars and 63 percent in constant currency.", "type": "report", "entities": [ "Oracle" ], "parties": [ "oracle" ], "sources": [ { "url": "https://www.oracle.com/news/announcement/q3fy25-earnings-release-2025-03-10/", "outlet": "Oracle", "published": "2025-03-10", "quote": "Remaining Performance Obligations $130 billion, up 62% in USD & up 63% in constant currency" } ] }, { "timeline": "oracle-ai-cloud", "id": 1727, "url": "https://whatledto.com/events/oracle-ai-cloud#n1727", "date": "2025-03-10", "date_precision": "day", "title": "Oracle signs more than $48 billion of sales contracts in Q3", "summary": "Oracle said it signed sales contracts worth more than $48 billion in fiscal third-quarter 2025. The statement was included in Oracle's fiscal-2025 third-quarter earnings release.", "type": "announcement", "entities": [ "Oracle" ], "parties": [ "oracle" ], "sources": [ { "url": "https://www.oracle.com/news/announcement/q3fy25-earnings-release-2025-03-10/", "outlet": "Oracle", "published": "2025-03-10", "quote": "“Oracle signed sales contracts for more than $48 billion in Q3.”" } ] }, { "timeline": "oracle-ai-cloud", "id": 1726, "url": "https://whatledto.com/events/oracle-ai-cloud#n1726", "date": "2025-01-21", "date_precision": "day", "title": "OpenAI names Oracle an initial Stargate equity funder", "summary": "OpenAI named SoftBank, OpenAI, Oracle, and MGX as the initial equity funders in Stargate. The announcement identified Oracle as one of the project’s initial funders.", "type": "announcement", "entities": [ "OpenAI", "Oracle", "SoftBank", "MGX", "Stargate" ], "parties": [ "openai", "oracle", "softbank", "mgx", "stargate" ], "sources": [ { "url": "https://openai.com/index/announcing-the-stargate-project/", "outlet": "OpenAI", "published": "2025-01-21", "quote": "“The initial equity funders in Stargate are SoftBank, OpenAI, Oracle, and MGX.”" } ] }, { "timeline": "oracle-ai-cloud", "id": 1737, "url": "https://whatledto.com/events/oracle-ai-cloud#n1737", "date": "2024-12-09", "date_precision": "day", "title": "Backlog holds at $97 billion", "summary": "Oracle reported remaining performance obligations of $97 billion, up 49 percent in dollars and 50 percent in constant currency, a quarter after reporting $99 billion.", "type": "report", "entities": [ "Oracle" ], "parties": [ "oracle" ], "sources": [ { "url": "https://www.oracle.com/news/announcement/q2fy25-earnings-release-2024-12-09/", "outlet": "Oracle", "published": "2024-12-09", "quote": "Remaining Performance Obligations $97 billion, up 49% in USD & 50% in constant currency" } ] }, { "timeline": "oracle-ai-cloud", "id": 1725, "url": "https://whatledto.com/events/oracle-ai-cloud#n1725", "date": "2024-12-09", "date_precision": "day", "title": "Oracle reports 336% growth in quarterly GPU consumption", "summary": "Oracle reported that GPU consumption rose 336% in the quarter. The statement was included in Oracle's fiscal-2025 second-quarter earnings release.", "type": "announcement", "entities": [ "Oracle" ], "parties": [ "oracle" ], "sources": [ { "url": "https://www.oracle.com/news/announcement/q2fy25-earnings-release-2024-12-09/", "outlet": "Oracle", "published": "2024-12-09", "quote": "“GPU consumption was up 336% in the quarter.”" } ] }, { "timeline": "amd-instinct-ai-gpus", "id": 114, "url": "https://whatledto.com/events/amd-instinct-ai-gpus#n114", "date": "2024-09-26", "date_precision": "day", "title": "Fireworks AI adopts OCI bare-metal MI300X instances", "summary": "AMD said OCI bare-metal instances using MI300X accelerators had been adopted by Fireworks AI. The instances were part of Oracle Cloud Infrastructure's MI300X offering.", "type": "launch", "entities": [ "AMD", "Oracle", "AMD Instinct MI300X", "Fireworks AI" ], "parties": [ "amd", "oracle", "amd-instinct-mi300x", "fireworks-ai" ], "sources": [ { "url": "https://www.amd.com/en/newsroom/press-releases/2024-9-26-amd-instinct-mi300x-accelerators-available-on-orac.html", "outlet": "AMD", "published": "2024-09-26", "quote": "These OCI bare metal instances have already been adopted by companies including Fireworks AI." }, { "url": "https://ir.amd.com/news-events/press-releases/detail/1217/amd-instinct-mi300x-accelerators-available-on-oracle-cloud-infrastructure-for-demanding-ai-applications", "outlet": "Advanced Micro Devices, Inc. (AMD) Investor Relations", "published": "2024-09-26", "quote": "Designed to run demanding AI workloads including large language model (LLM) inference and training that requires high throughput with leading memory capacity and bandwidth, these OCI bare metal instances have already been adopted by companies including Fireworks AI." } ] }, { "timeline": "oracle-ai-cloud", "id": 1736, "url": "https://whatledto.com/events/oracle-ai-cloud#n1736", "date": "2024-09-09", "date_precision": "day", "title": "Backlog reaches $99 billion as the AI contracts start landing", "summary": "Oracle reported remaining performance obligations of $99 billion, up 53 percent, in the quarter it also said it had 162 cloud data centres operating or under construction.", "type": "report", "entities": [ "Oracle" ], "parties": [ "oracle" ], "sources": [ { "url": "https://www.oracle.com/news/announcement/q1fy25-earnings-release-2024-09-09/", "outlet": "Oracle", "published": "2024-09-09", "quote": "Remaining Performance Obligations up 53% to $99 billion" } ] }, { "timeline": "oracle-ai-cloud", "id": 1724, "url": "https://whatledto.com/events/oracle-ai-cloud#n1724", "date": "2024-09-09", "date_precision": "day", "title": "Oracle reports 162 cloud data centers operating or under construction", "summary": "Oracle said it had 162 cloud data centers in operation and under construction worldwide. The statement was included in Oracle's fiscal-2025 first-quarter earnings release.", "type": "announcement", "entities": [ "Oracle" ], "parties": [ "oracle" ], "sources": [ { "url": "https://www.oracle.com/news/announcement/q1fy25-earnings-release-2024-09-09/", "outlet": "Oracle", "published": "2024-09-09", "quote": "“Oracle has 162 cloud datacenters in operation and under construction around the world.”" } ] }, { "timeline": "oracle-ai-cloud", "id": 1722, "url": "https://whatledto.com/events/oracle-ai-cloud#n1722", "date": "2024-06-11", "date_precision": "day", "title": "Oracle reports $98 billion in remaining performance obligations", "summary": "Oracle said record sales drove remaining performance obligations up 44% to $98 billion. Reuters also reported that remaining performance obligations were $98 billion in the fourth quarter, up 44% from a year earlier.", "type": "announcement", "entities": [ "Oracle" ], "parties": [ "oracle" ], "sources": [ { "url": "https://www.sec.gov/Archives/edgar/data/1341439/000095017024071916/orcl-ex99_1.htm", "outlet": "Oracle / SEC Exhibit 99.1", "published": "2024-06-11", "quote": "“These record level sales drove RPO up 44% to $98 billion.”" }, { "url": "https://investing.com/news/economy/oracle-expects-doubledigit-revenue-growth-for-fiscal-2025-on-strong-ai-demand-3480112", "outlet": "Reuters, syndicated by Investing.com", "published": "2024-06-11", "quote": "“Remaining performance obligations — the most popular measure of booked revenue — came at $98 billion in the fourth quarter, up 44% from a year ago.”" } ] }, { "timeline": "amd-instinct-ai-gpus", "id": 102, "url": "https://whatledto.com/events/amd-instinct-ai-gpus#n102", "date": "2023-12-06", "date_precision": "day", "title": "MI300X and MI300A launched; Microsoft Azure, Oracle and the major OEMs line up", "summary": "At Advancing AI 2023 AMD announced availability of the MI300X accelerator and the MI300A APU. Microsoft\nannounced Azure virtual machines built on MI300X, Oracle Cloud planned MI300X offerings, and Dell, HPE,\nLenovo and Supermicro showed systems using the parts.", "type": "launch", "entities": [ "AMD", "Lisa Su", "Microsoft", "Oracle", "Instinct MI300X" ], "parties": [ "amd", "lisa-su", "microsoft", "oracle", "instinct-mi300x" ], "sources": [ { "url": "https://ir.amd.com/news-events/press-releases/detail/1173/amd-delivers-leadership-portfolio-of-data-center-ai-solutions-with-amd-instinct-mi300-series", "outlet": "AMD Investor Relations", "published": "2023-12-06", "quote": "Today, AMD announced the availability of the AMD Instinct™ MI300X accelerators – with industry leading memory bandwidth for generative AI and leadership performance for large language model (LLM) training and inferencing – as well as the AMD Instinct™ MI300A accelerated processing unit (APU)." } ] } ], "often_with": [ { "id": "meta", "name": "Meta", "url": "https://whatledto.com/who/meta", "json": "https://whatledto.com/who/meta.json", "shared_timelines": 4 }, { "id": "microsoft", "name": "Microsoft", "url": "https://whatledto.com/who/microsoft", "json": "https://whatledto.com/who/microsoft.json", "shared_timelines": 3 }, { "id": "nvidia", "name": "Nvidia", "url": "https://whatledto.com/who/nvidia", "json": "https://whatledto.com/who/nvidia.json", "shared_timelines": 3 }, { "id": "tsmc", "name": "TSMC", "url": "https://whatledto.com/who/tsmc", "json": "https://whatledto.com/who/tsmc.json", "shared_timelines": 2 }, { "id": "coreweave", "name": "CoreWeave", "url": "https://whatledto.com/who/coreweave", "json": "https://whatledto.com/who/coreweave.json", "shared_timelines": 2 }, { "id": "dell-technologies", "name": "Dell Technologies", "url": "https://whatledto.com/who/dell-technologies", "json": "https://whatledto.com/who/dell-technologies.json", "shared_timelines": 2 }, { "id": "supermicro", "name": "Supermicro", "url": "https://whatledto.com/who/supermicro", "json": "https://whatledto.com/who/supermicro.json", "shared_timelines": 2 }, { "id": "openai", "name": "OpenAI", "url": "https://whatledto.com/who/openai", "json": "https://whatledto.com/who/openai.json", "shared_timelines": 2 } ], "license": { "holder": "What Led To", "terms": "https://whatledto.com/methodology#reuse", "summary": "Quote entries with attribution and a link to the entry; do not republish whole timelines or train models on the text." } }