tldrdailynews.com logo

Ellison Says AI Won’t Trigger SaaSpocalypse for Oracle

1 min read
Source: Business Insider
Ellison Says AI Won’t Trigger SaaSpocalypse for Oracle
Photo: Business Insider
TL;DR

Oracle chairman Larry Ellison, on the company’s earnings call, argues the AI-driven “SaaSpocalypse” won’t affect Oracle, saying the firm can use AI and agent-based software to disrupt ecosystems like healthcare and finance. CEO Mike Sicilia says Oracle is rapidly adopting AI and embedding AI agents into its SaaS offerings, stressing that customers aren’t ready to replace core systems—an optimistic stance echoed by peers who see AI transforming software rather than ending it.

Topics:businesstechnology#ai#larry-ellison#oracle#saas#saaspocalypse#technology
Share this article
  1. Oracle's Larry Ellison Downplays Software Apocalypse Fears  Business Insider
  2. Oracle stock jumps 9% on earnings beat and increased guidance as cloud revenue climbs 44%  CNBC
  3. Oracle beats Q3 expectations, raises 2027 revenue outlook sending stock higher  Yahoo Finance
  4. Oracle Announces Fiscal Year 2026 Third Quarter Financial Results  Oracle - Investor Relations
  5. Oracle sees AI boom through at least 2027, sending shares up 8%  Reuters

Want the full story? Read the original reporting

Read on Business Insider