Oracle co-CEO says AI coding tools hurting software companies doesn’t apply to Oracle

Oracle defied analyst expectations with strong Q3 FY2026 results, easing investor fears about AI's impact on its business. Company leaders emphasized their proactive adoption of AI coding tools to accelerate SaaS development and create comprehensive, ecosystem-automating solutions, positioning Oracle as a disruptor rather than a victim of the "SaaS apocalypse."

By TOI TECH DESK