🤖 THE CLOUD JUST GOT VERY HEAVY.
Oracle reported $19.3B of quarterly revenue, but the infrastructure numbers are the real story: $28.5B of capex, 850 MW of new data center capacity, more than 300,000 GPUs delivered, and $664B of remaining performance obligations. Cloud infrastructure revenue grew 121%. AI is increasingly becoming a structured finance business disguised as technology.
💰 DigitalOcean also secured $725M of equipment financing for GPUs and CPUs, with potential capacity above $1B, while Vantage is reportedly seeking as much as $2B from institutional lenders as conventional banks run into data center concentration…
The skinny
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