Neil Freiman

That's a smaller blast radius than what happened a couple of days later on March 5th.

Another outage caused a 99% drop in orders across Amazon's North American marketplaces, which resulted in 6.3 million lost orders.

That led to this e-commerce guy kind of rallying the troops and saying something is not working here.

And some of it has to do with a

Now, in their communications to the press about this meeting and overall AI coding issues, Amazon has been downplaying the impact of broken AI code.

It said it was a coincidence that AI tools were involved in some of these incidents.

However, I'm kind of thinking of this like self-driving cars, where it's a new technology that is being adopted rather quickly.

And there's going to be more of a microscope on this particular rollout.

as it would.

So even if a human developer caused an outage, which has happened in the past, and so did an AI, the AI one is going to be looked at a little more critical or a lot more critically because it is just a new technology that's being adopted.

What a segue, Toby.

Let's go to that next story.

It is about Oracle, which delivered a more pleasant surprise than when an old friend calls you out of the blue.

The tech giant's shares popped 10% after reporting a thumping quarter that relieved some concerns about an AI bubble.

Sales jumped 22% on the year, topping expectations, while its revenue backlog grew to $553 billion.

The demand for cloud computing for AI training and inferencing continues to grow faster than supply, the company said.

vibes around oracle have not been good recently its value has been cut in more than half since peaking last fall as investors worried about its soaring debt load and dependence on one partner remember that backlog i just mentioned 300 billion dollars comes from a single company openai and there have been commitment issues on friday bloomberg reported that openai and oracle would not be expanding a planned data center partnership in abilene texas

which added to longstanding concerns that Oracle had built too many data centers too quickly, all while borrowing too much money.

Yesterday's report put some of those fears to rest for now.

Toby, Oracle's earnings were seen as a key litmus test for the entire AI sector.