Pricing is based on ‘performance’ rather than ‘token’… Oracle's AI billing experiment

According to Oracle's fourth quarter results released this week, cloud revenue grew rapidly while infrastructure investment costs also increased significantly. In a conference call for analysts, Hilary Maxon, who was recently appointed Chief Financial Officer (CFO), said that cloud infrastructure sales increased 93% compared to the previous year. Maxon explained that this growth is a result of increasing demand for AI workloads and database services.