Oracle builds and sells cloud infrastructure and software applications used by enterprises to manage core operations. The business consists of two primary pillars: Cloud Applications and Cloud Infrastructure. Cloud Applications includes a suite of software for financial management, human resources, and supply chain management under the Fusion and NetSuite brands. Oracle embeds AI features into these applications and utilizes a unified data model to simplify integration. Cloud Infrastructure (OCI) provides compute, storage, and networking services through a global data center network. OCI supports Oracle’s own applications and serves external customers, including AI labs training large models. A central part of this offering is the Oracle Database, which is available on OCI and through multicloud partnerships with other major cloud providers. Oracle’s business model relies on recurring revenue from cloud subscriptions and software support contracts. While the company still sells hardware and perpetual software licenses, its strategy focuses on migrating its large on-premise installed base to cloud services. To meet AI demand, Oracle is expanding its data center footprint through heavy capital investment, frequently utilizing customer prepayments to fund this buildout. The company reports through three segments: Cloud and Software, Hardware, and Services.