Oracle stated on its analyst call following the Q1 earnings report that it delivered 850 megawatts of AI computing power, including over 300,000 GPUs, to customers this quarter, nearly triple the amount delivered in the previous quarter. Concurrently, all GPUs due for renewal (most of which had been in use for over four years) were renewed or resold at a 20% premium over their original contract prices, with GPU utilization reaching 97.9%. Hilary Maxson, the company's CFO, disclosed that remaining performance obligations (RPO) increased by $26 billion quarter-over-quarter, with approximately half expected to convert into sales revenue within the next 36 months. Oracle also raised its full-year total revenue guidance to at least $90 billion, representing an approximate 34% year-over-year increase, and projected cloud revenue growth of 65% to 71% for the second fiscal quarter.