Is it truly possible that artificial intelligence, the very technological wave promised to unlock trillions in enterprise productivity, could end up upending Oracle (ORCL), the staid, unshakeable, fifty-year-old titan of relational enterprise databases? The company that has quietly powered global banking, enterprise logistics, and government administration for half a century is now carrying a very different kind of balance sheet, one built on server racks, liquid cooling pipes, and high-interest bonds.
On paper, the question sounds absurd. Oracle spent decades building one of the most profitable, defensible moats in tech history. Once a Fortune 500 company embeds its mission-critical accounting, ERP, or database systems into…