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ORACLE says there is real value in AI as demand far outpaces supply

Published by Global Banking & Finance Review

Posted on October 28, 2025

1 min read

· Last updated: January 21, 2026

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ORACLE says there is real value in AI as demand far outpaces supply
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RIYADH (Reuters) -Oracle CEO Mike Sicilia said on Tuesday that he is not concerned about an "AI bubble," adding that there is real value in artificial intelligence as demand far outpaces supply. He

ORACLE says there is real value in AI as demand far outpaces supply

The Growing Importance of AI in Business

RIYADH (Reuters) -Oracle CEO Mike Sicilia said on Tuesday that he is not concerned about an "AI bubble," adding that there is real value in artificial intelligence as demand far outpaces supply.

He was speaking at a panel the annual Future Investment Initiative (FII) summit in Riyadh.

(Reporting by Federico Maccioni and Yousef Saba, Writing by Nayera Abdallah, Editing by Michael Georgy)

Key Takeaways

  • Oracle CEO dismisses concerns about an AI bubble.
  • AI demand is significantly outpacing supply.
  • The statement was made at the Future Investment Initiative summit.
  • AI is increasingly important in business.
  • Oracle sees real value in artificial intelligence.

Frequently Asked Questions

What is Artificial Intelligence?
Artificial Intelligence (AI) refers to the simulation of human intelligence in machines programmed to think and learn. AI can perform tasks such as problem-solving, understanding natural language, and recognizing patterns.
What is economic benefit?
Economic benefit refers to the positive impact that an action or decision has on the economy, such as increased productivity, job creation, or improved financial performance for businesses.
What is innovation?
Innovation is the process of creating new ideas, products, or methods that improve efficiency, effectiveness, or competitive advantage in a market. It often involves technological advancements.

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