By Aditya Soni

Dec 9 (Reuters) – Months after Oracle’s $400 billion-plus contract backlog ignited a stock-market frenzy, the enthusiasm has given way to doubts about its reliance on OpenAI and debt-fueled datacenter buildout, which will dominate its earnings on Wednesday.

A smaller player in the cloud market for a long time, Oracle this year staked ‍claim as one of the bigger providers of the rented computing power essential for generative AI thanks to its tie-up with ChatGPT-creator OpenAI.

It is vying with industry giants Amazon.com, Microsoft and Google for a piece of the lucrative market as companies adopt AI and startups developing the technology rush to secure access to capacity.

Oracle along with other big cloud players is expected to spend more than $400 billion on AI infrastru

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