Josh Bersin Unleashed

Josh Bersin Unleashed

Oracle's Earnings Prove That AI Infrastructure Is Eating Enterprise Software

Today's Oracle earnings shows that infrastructure is bigger than software, while Oracle software business also grows

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Josh Bersin
Mar 10, 2026
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After investing close to $100 Billion in AI infrastructure, today Oracle shocked analysts and announced that the company’s AI infrastructure business grew by 84% to $4.9 Billion and its enterprise software business only grew by 13% to reach $4 billion.

In other words, Oracle is proving that software applications “built by AI” are now growing at 5-times t…

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