Ellison: 'AI writes our code'

Ellison made those remarks during a roughly 90‑minute keynote at Oracle AI World in Las Vegas on October 14, 2025, where he outlined Oracle’s strategy to train models on private enterprise data and embed AI across its product stack. (diginomica.com) On the same day Oracle reported $17.2 billion in quarterly revenue, with cloud revenue up 44% to $8.9 billion, cloud infrastructure revenue up 84% to $4.9 billion, and remaining performance obligations jumping 325% to $553 billion — figures the company linked to large AI contracts. (qz.com) Oracle has been expanding AI infrastructure and partnerships, saying it is building data centres to support OpenAI training on Nvidia hardware and rolling out a database@Google Cloud option while reporting more than 30 AI contracts worth over $12 billion in one quarter. (crn.com) The broader market has already reacted to generative‑AI disruption fears: software and services stocks lost roughly $830 billion in market value over six trading days earlier in the year, a sell‑off analysts tied to worries about automation of application‑layer tasks. (qz.com) Industry reporting says Oracle is translating its AI rhetoric into internal changes, with Gizmodo reporting plans to downsize certain product teams while company leaders describe embedding agent‑style automation into suites to speed development. (gizmodo.com) Founders and early‑stage CEOs are adjusting hiring plans in response: an Ascend.vc survey found 89% of VC‑backed startups use AI and many are operating with materially smaller teams than in prior years. (ascend.vc) Hiring‑market studies back that shift: a CoderPad survey of 650+ developers and hiring leaders found U.S. technical hiring activity up 90% and 82% of developers reporting GenAI is useful in their work, while industry placement data shows demand falling for junior full‑stack roles and rising sharply for ML/MLOps and AI‑specialist jobs. (coderpad.io) (secondtalent.com)