Oracle Quarterly Revenue Rises 30% to $19.3 Billion; DeepSeek Releases 552B-Parameter MoE Model

On September 10, 2026, Oracle (ORCL. N) reported quarterly results, with revenue for the quarter rising 30% to $19.3 billion (about RMB 26.7 billion). During the quarter, Oracle signed more than $30 billion in new AI cloud contracts, pushing its revenue backlog to $664 billion. Oracle said most of the newly contracted revenue will not require significant cash spending on chips, and its annual capital expenditure target is $90 billion to $95 billion.

On September 10, 2026, DeepSeek released its latest model, DeepSeek-V4.1-Flash, and lowered prices. DeepSeek said the V4.1 Flash model is the smallest in its new model architecture series, features native multimodal visual understanding, and surpasses the intelligence level of flagship models including DeepSeek-V4-Pro on many benchmarks. According to DeepSeek's announcement, DeepSeek-V4.1-Flash is a 552-billion-parameter MoE (mixture-of-experts) model. With the new architecture, its input and output are asymmetric, with 8 billion parameters activated for input and 16 billion for output, at a cost lower than models of the same size.