Oracle beat fiscal Q4 estimates with $2.11 adjusted EPS and $19.18 billion revenue while raising its full-year profit forecast, yet shares fell 5% after the company outlined plans to raise another $20 billion. The financing push follows $48 billion already raised in fiscal 2026 and comes amid $23.7 billion in negative free cash flow tied to its AI infrastructure buildout.
Most of the RPO increase in both Q3 and Q4 were large scale AI contracts where the customer prepaid Oracle for the purchase of the GPUs, or the customer bought and supplied the GPUs to Oracle.
Bank of America analysts, who recommend buying Oracle shares, said over 50% of the remaining performance obligation comes from OpenAI.
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Flapping Airplanes announced a $1 billion Series A on October 21, co-led by Index Ventures and Lux Capital, at what Bloomberg reported was a $6 billion valuation. According to Bloomberg and press reports, that is about four times its January seed valuation. Nvidia is among its investors.
Tractian announced a $130 million Series D led by Sapphire Ventures and co-led by M&G's Catalyst, valuing the Physical AI company at $1.4 billion. The funding will scale its sensor-based platform for monitoring the health of industrial machinery across manufacturing, data centers, utilities and defense.
The US Treasury published a proposed rule on October 22, 2026 to implement the COINS Act, widening limits on US investment in sensitive tech in countries of concern. Separately, DHS ordered DeepSeek products excluded and removed from federal civilian agency systems. The Treasury rule is not final; comments are due December 7.
Microsoft on Monday announced a new Voluntary Exit Offer for eligible employees in participating teams in the US, Canada, India and the UK at level 70 and below. Chief People Officer Amy Coleman's memo says it "builds on what we learned" from April's Voluntary Retirement Program. About 60,000 people, roughly a quarter of its 223,000 staff, are eligible, the company told GeekWire. A person familiar told CNBC that employees decide in December and leave Dec. 31. Some groups, including sales, aren't participating, and Microsoft says the offer doesn't replace layoffs.
Schneider Electric, NVIDIA and HPE announced a collaboration on Oct 21 introducing Industrial AI Agents at the Edge: OT-monitoring, cybersecurity and energy-optimization agents that run on HPE Private Cloud AI and are managed through Schneider's EcoStruxure Industrial Insights apps. The release gives no availability date; CMPC Chile is cited as a three-year user of Schneider's OTMS monitoring that the agents would build on.
