甲骨文的战略选择表明，它并未在云计算市场简单模仿竞争对手，而是依托其"第二代云基础设 施"（OCI）的架构优势，精准切入了AI算力需求的核心领域。凭借这一策略，甲骨文在AI浪潮中显得 格外突出，其凭借与英伟达的深度绑定，确保了在算力市场的领先位置。 根据最近的消息，甲骨文正在与Meta Platforms洽谈一项价值约200亿美元的云计算协议。这项潜在的多 年期合同将为Meta提供计算能力，专用于其人工智能模型的训练和部署。这一合作不仅可能增加总承 诺金额，还会强化甲骨文在云基础设施市场中的地位。上周，甲骨文的预订量报告大幅增长，助推其股 价创下新高记录。这也反映了甲骨文在人工智能算力供应领域的竞争力，与其他科技巨头，如亚马逊、 微软和谷歌，在云市场中展开竞逐。 甲骨文的成功不仅体现在其与Meta和OpenAI等公司的合作上。它还通过在中国无锡启动芯云未来中 心，积极参与数字经济建设，吸引更多企业进驻，推动当地的人工智能产业新生态发展。无锡的项目展 示了甲骨文在数据库技术和商业创新应用上的前沿布局，为地区企业的数字化转型提供了重要支持。 来源：市场资讯 （来源：美股情报站） 在9月19日当天，甲骨文（Orac ...

回过头看，甲骨文这场看似保守的胜利，其实还是建立在对技 术演进精准洞察的基础上，依赖的是企业决策者的远见和战略 选择。如何在充满不确定性的时代始终找准生存定位，对大公 司来说更是高难度的挑战。 作者：陈白 封图：图虫创意 一家老牌科技巨头年过八十的掌门人，最近超越了埃隆·马斯克成为全球首富。他掌舵的这家公司 是甲骨文（Oracle）。 在本轮AI浪潮中，这并不算一家前沿的公司。但就在上周，这家公司股价一度暴涨42%。不仅如 此，甲骨文还拿下了OpenAI、xAI、Meta、英伟达等巨头的长期订单。最近甚至有消息传出，作 为TikTok长期的数据托管商，未来甲骨文可能有望成为接管TikTok的主体之一。 一系列重磅利好消息，让这家老牌数据存储巨头站上了AI的风口浪尖。那么问题也随之而来：同 样都是老牌科技巨头，为什么有的"大象"转身困难，甲骨文却能穿越新周期？这能带来什么启示？ 成功的首要原因是技术路线的正确选择。当亚马逊AWS、微软Azure和谷歌云在公有云市场杀成红 海时，作为后来者的甲骨文并没有选择模仿，而是全力押注"第二代云基础设施"（OCI）。这种架 构设计，要求极高的集群计算能力和极低的网络延迟，恰 ...

Core Insights - Oracle has recently surpassed Elon Musk to become the world's richest person, driven by a surge in its stock price and significant long-term contracts with major tech companies like OpenAI and Nvidia [2][3] - The company's success in the AI wave is attributed to its strategic choice of technology, specifically its focus on "second-generation cloud infrastructure" (OCI), which aligns well with the computational needs of large AI models [3][4] Technology and Market Position - Oracle's OCI architecture provides a competitive advantage in terms of cost-effectiveness and energy efficiency, making it well-suited for AI workloads [3] - Unlike other cloud service providers that cater primarily to developers and startups, Oracle has built a strong foundation by serving large, complex organizations such as banks and governments, establishing a trust that is difficult for competitors to replicate [3][4] Strategic Approach - Oracle has adopted a measured approach in the face of disruptive opportunities, choosing not to compete directly in the AI application space or invest heavily in developing its own large models [4] - By positioning itself as a "water, electricity, and coal" supplier in the AI ecosystem, Oracle collaborates closely with Nvidia to optimize GPU integration with its infrastructure, providing robust computational resources to various players in the market [4][5] Financial Considerations - Despite its successes, Oracle faces challenges such as a $35 billion annual capital expenditure plan that has impacted its free cash flow, necessitating efficient conversion of contract backlogs into actual revenue [5] - The company's ability to navigate these challenges while maintaining a focus on its core competencies is crucial for its continued success in the evolving tech landscape [5]

Core Insights - Oracle has recently surpassed Elon Musk to become the world's richest person, driven by a surge in its stock price and significant long-term contracts with major tech companies like OpenAI and Nvidia [1][2] - The company's success in the AI wave is attributed to its strategic choice of technology, specifically its focus on "second-generation cloud infrastructure" (OCI), which aligns well with the computational needs of large AI models [1][2] Technology and Market Position - Oracle's OCI architecture provides a competitive advantage in terms of cost-effectiveness and energy efficiency, making it well-suited for AI workloads [2] - The company has built a strong reputation over decades by serving large, complex organizations such as banks and governments, which positions it as a reliable partner for AI giants seeking robust computational support [2] Strategic Approach - Oracle has adopted a prudent strategy by not competing directly in the AI application space or investing heavily in developing its own large models; instead, it aims to be a foundational supplier of computational resources [3] - The partnership with Nvidia allows Oracle to optimize its infrastructure for powerful GPU capabilities, enabling it to serve a wide range of clients without seeking to control them [3] Financial Considerations - Despite its successes, Oracle faces challenges such as a $35 billion annual capital expenditure plan that has impacted its free cash flow, necessitating effective conversion of contracts into revenue [4] - The company's ability to navigate the evolving technological landscape while maintaining its core strengths is crucial for its continued success [4]

最近几天，华尔街的交易员们应该见证了科技史上最令人"瞠目"的时刻之一。 甲骨文公司（Oracle Corp.），这家已有48年历史、常被视为信息时代"旧王"的软件巨头，其股价一日内最高垂直拉升超42%，将其市值推向了前所未有的 高度。 甲骨文联合创始人、董事长 拉里·埃里森（Larry Ellison） 然而不止于飙涨的股票，在实时更新的财富榜单上，81岁的甲骨文的联合创始人、董事长兼首席技术官拉里·埃里森（Larry Ellison）的个人净资产涨逾 1000亿美元，一度超越了榜首埃隆·马斯克（Elon Musk），短暂坐上了全球首富的宝座。 《节点财经》分析，这一系列事件的核心，并非源于甲骨文发布了一款革命性的新软件，也不是因为其季度盈利远超预期——事实上，它甚至略低于分析 师的期望。驱动这一切的，是一份与OpenAI签订的规模空前的云服务合同，以及财报中一个通常被忽视的指标所揭示的对未来AI算力的惊天"豪赌"。 震撼华尔街的财务指标 甲骨文股价的史诗级飙升，始于其9月9日收盘后发布的2026财年第一季度财报。 从表面上看，甲骨文的业绩表现平平无奇，甚至略显疲软。财报显示，该季度总营收为149亿美元，同比 ...