Oracle's AI Push: $50 Billion for AI Data Centers and a New CFO
Oracle has appointed Hilary Maxson as its new CFO, amid a record $50 billion investment program in AI data centers. The former Schneider Electric finance chief joins as Oracle doubles its CapEx, cuts costs and tries to expand capacity for model training and inference demand. It signals that cloud infrastructure is becoming more important to Oracle than its older software core.
AI-processed from TNW; edited by Hamidun News
Oracle has begun a large-scale rollout of AI infrastructure, investing $50 billion in AI data centers. On April 6, 2026, the company appointed Hilary Maxson as its new chief financial officer to oversee the transformation strategy.
How much money will Oracle put into AI data centers?
$50 billion for the development of AI infrastructure.
Why is Oracle changing its strategy for AI?
The company is shifting from classic enterprise software to capital-intensive cloud infrastructure and AI services.
Key Questions Answered
How much money will Oracle put into AI data centers?
$50 billion for the development of AI infrastructure.
Why is Oracle changing its strategy for AI?
The company is shifting from classic enterprise software to capital-intensive cloud infrastructure and AI services.
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