The Globe and Mail reports in its Wednesday edition that Oracle on Tuesday predicted that the AI-data-centre boom will power its revenue above Wall Street estimates well into 2027, sending its shares up 8 per cent in extended trading. A Reuters dispatch to The Globe says the results help to allay investor concerns that Oracle's costly multibillion-dollar push into artificial-intelligence computing would not generate profits quickly enough. Remaining performance obligations (RPO), a key indicator of future contracted revenue, grew 325 per cent from last year to $553-billion, ahead of the $540.37-billion estimate from four Visible Alpha analysts (all figures U.S.). Most of the increase in RPO in the quarter is related to large-scale AI contracts where Oracle "does not expect to have to raise any incremental funds," the company said in a statement. The company also raised its revenue forecast for fiscal 2027 to $90-billion. "Oracle's quarter is a beat and a stress test result for the AI trade," eMarketer analyst Jacob Bourne said. "As the most debt-exposed major player in AI infrastructure, Oracle is the canary in the coal mine and this report suggests there's underlying health in AI spending beyond the hype."