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Oracle Is an AI Success. It May Not Be Enough.

By Adam Levine

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Oracle’s gross margin declined from 77% in 2021 to 63% last year.  (David Paul Morris/Bloomberg)

Oracle’s results may have come at the tail end of earnings season, but they were probably the most important read on tech investors’ most pressing questions: Can software survive artificial intelligence, and will all of the massive spending ever pay off?

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