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Oracle to spend $95 billion in next 12 months as AI cloud business expands
The move comes after its FY2026 capex touched US$55 billion, a US$5 billion over run on the company’s own estimates.
By Jack Haddon
Deputy Editor, The Tech Capital
3 Mins
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Oracle (NYSE: ORCL) has revealed a US$95 billion capital expenditure budget for its 2027 financial year, which runs June 1 2026 to May 31 2027.
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Jack Haddon
Deputy Editor, The Tech Capital
3 Mins|June 12, 2026
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