$Oracle(ORCL.US) Larry's all-in is correct, the main business will be revalued.

Oracle's traditional ERP (finance), HCM (HR), and CRM businesses face the threat of the "SaaS Terminator."

​AI Agents: In early 2026, tools like Claude Cowork launched by Anthropic can directly and automatically handle legal contracts, financial statements, and data analysis. If users can complete tasks directly through Claude, they may no longer need to purchase cumbersome Oracle software accounts.

​Countermeasures: Oracle is not sitting idly by. It has deeply integrated Claude and Gemini into core software like Fusion and NetSuite, attempting to turn Claude into its own "functional component" rather than letting users leave the Oracle ecosystem to use Claude.