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ORACLE

CEO: CLAY MAGOUYRK AND MIKE SICILIA FOUNDED: 1977 HQ LOCATION: AUSTIN, TEXAS, US

Oracle has spent many years as a leading database company and is now evolving into a builder of AI capacity – largely on the strength of its OpenAI commitments through the US $ 500bn Stargate Project. During Oracle’ s Q3 FY2026 earnings call in March, Co-CEO Clay Magouyrk pointed to Multicloud Database revenue up 531 % year-on-year and AI infrastructure revenue up 243 %, telling investors both segments have“ demand that exceeds supply” and a clear path to profitable, recurring revenue.

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Progress in motion

Oracle’ s New Mexico data centre

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