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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Anthropic has launched the Anthropic Cyber Mission to support defenders of critical infrastructure and open-source software with models, engineers, and tools. The initiative starts with the Critical Infrastructure Defense Program and free OSS Scanner amid ongoing challenges in verifying and fixing vulnerabilities.
Anthropic released Claude Haiku 5.5, its cheapest and fastest small model, at $0.10 per million input tokens and $0.50 per million output tokens for prompts up to 100,000 tokens. Anthropic says it costs around 75% less to run than Haiku 4.5 on average and scores far higher on its benchmarks.
OpenAI released 722 mathematical manuscripts, grouped into 372 result families, produced by an unreleased internal model. The papers are on GitHub, with Lean formalizations for many but not all of them, and OpenAI warns some unformalized results could have issues.
Meta and Microsoft are cutting employee use of Anthropic’s Claude AI and directing staff toward their own coding tools, The Information reported. The changes reflect tighter internal AI budgets while customer access to Claude through Microsoft platforms continues to expand.
Microsoft has introduced a local edition of MAI-Code-1.1-Flash that runs on Windows PCs without server access. The model requires substantial memory and is coming to GitHub Copilot in experimental preview by the end of October, starting with Nvidia RTX Spark PCs.
