Money Quote: Oracle Co-CEO Clay Magouyrk on the AI Buildout
Dow Jones
Yesterday
"Anyone that's been in the business of doing construction or large-scale infrastructure development, if their plan relies on 100% achievement of every one of their deliverables, we have a term for that. It's called a bad plan."
-Clay Magouyrk, Oracle co-CEO, in response to a question about whether the timelines for the data centers it's building could slip. Based on the market response to yesterday's results, investors like the way things are going: Shares are up premarket Friday morning.
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