Oracle CEO Sees Real Value in AI as Demand Surges Beyond Supply
Oracle CEO Mike Sicilia stated on Tuesday that he is not worried about an “AI bubble,” emphasizing that artificial intelligence holds genuine, lasting value.
According to Sicilia, global demand for AI technologies is far exceeding current supply, creating major opportunities for innovation and growth.
He made these remarks during a panel discussion at the Future Investment Initiative (FII) Summit in Riyadh, where global tech leaders gathered to discuss the future of AI and digital transformation.
Sicilia’s comments reflect Oracle’s broader optimism toward AI-driven infrastructure, cloud computing, and enterprise software — sectors the company sees as critical to the next phase of technological expansion.
