Oracle Shares Surge 7% on Record $10.7B Backlog

Key Takeaways

• Oracle reported a record backlog of $10.7 billion, a 50% increase from the previous period.
• Oracle's cloud sales grew 44% to reach $2.5 billion in the first quarter.
• Cloud infrastructure revenue increased 33% year-over-year to $4.8 billion.
• Oracle's stock price reached $83.11, more than doubling in the past year.
• Nvidia's equity investments reached approximately $99 billion by July 26, 2026.
• Nvidia is partnering with firms to mobilize over $500 billion for AI infrastructure.
• The Pentagon is considering a $5 billion loan to AI startup Fluidstack.
• Ivanti admitted its AI system sometimes invents details in security guidance.
• Experts at Anthropic and OpenAI continue to express concerns about AI safety.
• Oracle faces a shortage of skilled workers despite high demand for cloud services.

Oracle shares rise 7% on record backlog and earnings

Oracle Corp. shares jumped 7% in after-hours trading on Thursday after reporting strong first-quarter results. The company announced a record backlog of $10.7 billion, which is a 50% increase from the previous period. Cloud sales grew by 44% to reach $2.5 billion, while AI technology sales also rose 44% to the same amount. Oracle earned $1.16 per share, beating the analyst estimate of $1.04, with total revenue hitting $9.8 billion. The company expects cloud and AI sales to grow another 40% in the second quarter to $3.5 billion.

Oracle stock climbs as cloud infrastructure revenue grows

Oracle shares rose 5.5% in extended trading on Thursday following a report of strong cloud infrastructure results. The cloud infrastructure business revenue increased by 33% year-over-year to reach $4.8 billion, marking the highest growth rate in over a decade. This surge was driven by high demand for cloud services used in artificial intelligence and machine learning projects. CEO Mark Hurd praised the team for these results and expressed confidence that this positive trend will continue. The stock price reached $73.45 per share, its highest level in more than a month.

Oracle stock jumps after AI infrastructure revenue soars

Oracle Corp. stock jumped 5.5% on Monday after reporting a 121% surge in revenue from its artificial intelligence infrastructure business. The AI infrastructure revenue reached $90 billion, which exceeded the company's previous targets. This rapid growth is driven by increasing demand for cloud-based services and the need for advanced technologies. Oracle's AI platform offers services like machine learning and natural language processing that many large enterprises are adopting. The company expects this revenue growth to continue as more companies adopt these advanced cloud technologies.

Oracle stock rises as AI cloud demand exceeds supply

Oracle stock surged on Wednesday after the company reported that cloud revenue sales grew by 121% in the last quarter. This growth outpaced the available supply, leading to a 5.5% jump in the stock price with shares closing at $83.11. The strong results were fueled by increasing adoption of artificial intelligence and machine learning technologies. Oracle's cloud business has been a major focus for the company, and these results show that their efforts are paying off. The stock price has more than doubled in the past year due to this growing cloud business.

Oracle stock gains fade as skilled worker shortage persists

Oracle stock trimmed its gains on Wednesday even though cloud revenue sales grew by 121% in the last quarter. The company's cloud revenue reached $6.4 billion, up from $2.9 billion in the same period last year. Despite the strong financial results, the high demand for cloud services has created a shortage of skilled workers. The stock rose 2.5% to $64.99 in the morning but closed lower at $64.25. This business continues to grow at a rate of 121% year-over-year, outpacing the overall market.

Oracle Q3 Revenue Jumps 29.6% Driven by Cloud and AI

Oracle reported strong third-quarter results with revenue reaching $19.35 billion, a 29.6% increase from the same period last year. The company's cloud infrastructure and AI services contributed significantly to a 12.1% rise in operating margin, which now stands at 22.1%. Cloud services revenue grew 34.5% to $4.35 billion, while the software-as-a-service segment increased 25.6% to $3.45 billion. CEO Mark Hurd credited the success to the company's focus on cloud technology and AI execution. Stock prices rose 2.5% in after-hours trading following the announcement of these earnings.

Security Vendors Use AI to Rank Patches but Rarely Disclose Errors

Security vendors increasingly use AI to rank software patches, yet they often do not tell customers when the AI invents details. Ivanti is the only vendor known to admit that its AI skill created fabricated information, which human reviewers later caught. Chris Goettl, Ivanti's VP of product management, trained the AI on patch data but found it making up facts about security risks. The company now requires human approval for all AI-generated reports before they reach the 500 to 700 attendees of their monthly webinars. This issue highlights a gap in transparency as major vendors use AI to process data for enterprise customers without full disclosure.

Ivanti Admits Its AI Invented Details in Security Guidance

Ivanti disclosed that its AI-driven patch guidance system sometimes invents details, raising important questions about the need for human oversight. Chris Goettl, the company's VP of product management, spent months training a Claude skill on patch data he had manually processed for ten years. During this process, the AI repeatedly created false information, leading Goettl to realize the system had no actual foundation for its claims. Ivanti now includes a review step where humans check the AI's output before releasing any security advice to customers. This transparency sets Ivanti apart from other vendors that rarely admit when their AI fabricates data.

Nvidia Becomes Top Investor in Large AI Funding Rounds

Nvidia has become the world's most active investor in venture capital deals valued at over $100 million during the first eight months of 2026. The company's equity investments reached approximately $99 billion by July 26, up from roughly $7 billion a year earlier. Nvidia is partnering with major firms like BlackRock, Apollo, and Goldman Sachs to mobilize more than $500 billion for AI infrastructure. This shift shows that funding is moving from just supporting companies to financing the physical compute and power needed for AI. The trend creates a new financial structure where Nvidia acts as an investor, supplier, and architect of the capital stack for the AI boom.

Nvidia CEO Denies Claims of Circular Financing in AI Deals

Nvidia CEO Jensen Huang rejected claims that the company is using investments to artificially create demand for its own chips. Critics argue that Nvidia invests in AI firms which then buy Nvidia hardware, creating a cycle where revenue flows back to the chipmaker. Huang stated that the investment amounts are too small compared to the business generated to support this theory. Recent data shows three of Nvidia's largest customers accounted for 16%, 15%, and 13% of its revenue in the first half of fiscal 2027. The debate has gained attention as regulators like the IMF and BIS warn about growing financing risks in the AI value chain.

Leaked Russian Plan Exposes AI Election Tactics

Leaked documents from the Russian company Projects 2026 reveal a detailed plan to influence Western elections using artificial intelligence. The strategy includes monitoring 10,000 influential social media profiles across Europe and creating fake think tanks to spread Russian narratives. Projects 2026 also proposes producing over 500 short videos on six platforms to target French audiences and building a real think tank in Israel. Experts suggest that platforms must remove unlabeled AI political content and update laws like the 2002 McCain-Feingold Act to include digital ads. This playbook mirrors tactics used by China and Iran to manipulate public opinion through generative AI and deepfakes.

India Sees Surge in Jobs for Physical AI Workers

India is experiencing a boom in physical artificial intelligence that is creating a new class of specialized workers. Startups like Humyn Labs, Neo Cambrian AI, and Modal Robotics are hiring teleoperators, robot operators, and robotics technicians to manage machines on shop floors. These roles go beyond simple data collection to include field workers and supervisors who directly interact with advanced robotics. The growth in this sector highlights the expanding need for human oversight in the deployment of physical AI systems.

Pentagon Discusses $5 Billion Loan for AI Startup

The Pentagon is in talks to provide a $5 billion loan to the AI cloud-computing startup Fluidstack. This funding would come from the Pentagon's Office of Strategic Capital, which supports companies critical to national security. The proposed loan would be the largest ever issued by this office, marking a significant investment in AI infrastructure. This move adds the U.S. military to the list of major investors backing Fluidstack's technology development.

Europe Weighs New AI Rules to Replace GDPR

The European Union is considering new data protection rules to replace the current General Data Protection Regulation, known as GDPR. The proposed Artificial Intelligence Act aims to create a framework for developing and using AI with principles of transparency and accountability. This new legislation would establish specific rules for collecting personal data and ensuring human oversight in AI systems. While the current GDPR has helped build a thriving data industry, the new act seeks to address complexity and business burdens while protecting human rights.

AI Companies Continue Growth Despite Existential Worry

Despite concerns from experts at Anthropic and OpenAI about AI potentially harming humanity, the industry continues to launch new models and applications. Companies like Oracle are seeing revenue growth, with cloud infrastructure earnings more than doubling recently. Innovations include Cognition AI's autonomous software engineering and Positron AI's new appliance using regular RAM to solve memory issues. Major tech events like Salesforce's Dreamforce and the AI Infra Summit are scheduled to take place in San Francisco and Santa Clara next week.

CivicPlus launches AI Innovation Labs for local governments

CivicPlus has created new AI Innovation Labs to build tools for local governments. The company has already released six AI products this year. Desta Price, the chief product and technology officer, said the lab allows the team to focus on real customer problems. This new unit helps governments do more with less resources while meeting changing resident needs. The lab will test new ideas quickly and bring customers into the development process early.

Outcraft AI changes pricing to charge per lead engaged

Outcraft AI announced a new pricing model for its AI SDR platform on September 10, 2026. The company is based in Vilnius, Lithuania. Businesses will now pay a monthly fee based on the number of inbound leads the AI actually engages, starting at $300 a month. This change replaces the old system that charged per seat or per minute for voice, SMS, email, and WhatsApp agents. The new structure aims to give customers more flexibility and save them money while the company continues to improve its technology.

Sources

• ORCL Stock Soars 7% After-Hours — Oracle Cloud Surge Powers Q1 Beat As AI Demand Fuels Record Backlog
• Oracle Stock Jumps as AI Demand Drives Cloud Revenues Higher
• Oracle Stock Jumps as AI Infrastructure Revenue Soars 121%
• Oracle stock surges as AI cloud demand outpaces supply
• Oracle stock trims gains as AI cloud demand outpaces supply
• ORCL Q3 Deep Dive: Cloud Infrastructure and AI Demand Drive Margin Expansion
• Patch Tuesday AI: what vendors don't disclose
• Ivanti caught, disclosed its AI's fabrications
• Nvidia Becomes the World’s Most Active $100 Million-Plus VC Investor
• Nvidia's Huang rejects circular financing claims as investment scrutiny grows
• Russia’s AI Blueprint Exposes an Authoritarian Playbook
• India's physical AI boom spawns a new class of robot workers
• Exclusive | Pentagon in Talks to Get Into AI Infrastructure Funding With a $5 Billion Loan
• Europe’s difficult choices on AI
• AI's existential crisis explodes but AI companies plunge ahead anyway
• CivicPlus Continues AI Push With New ‘Innovation Labs’
• AI SDR startup Outcraft AI rolls out per-lead pricing for its inbound sales agents