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Large Language ModelsAI Business & IndustryNikkei AI StocksPublished: Sep 11, 2026, 16:00 JST1 min read

Oracle hits record net profit as OpenAI risk draws scrutiny

Oracle hits record net profit as OpenAI risk draws scrutiny

Oracle said its June–August 2026 quarter set a record for net profit, with its cloud business performing well, and CEO Clay Magouyrk told analysts demand for computing power is enormous.

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