Oracle, AI and stock rally
Digest more
Oracle credited most of the RPO increase to large-scale AI contracts where customers prepaid for graphics processing units or supplied their own GPUs to Oracle. Those prepaid or supplied GPU customers total $75 billion and brought down the amount of capital Oracle needs to raise for AI data center build out, according to the vendor.
Oracle's Globally Distributed Autonomous Database caters to organizations with multinational operations and complex data-sovereignty needs. Oracle recently announced significant updates to its Autonomous Database, enabling specific enterprise capabilities ...
Oracle and Amazon Web Services (AWS) have added eight new locations for their multicloud offering, Oracle Database@AWS. The new locations include the EU-Central-2 (Zurich), EU-South-1 (Milan), EU-South-2 (Spain), EU-West-3 (Paris), AP-Northeast-3 (Osaka), AP-Southeast-1 (Singapore), AP-Southeast-4 (Melbourne), and SA-East-1 (Sao Paulo) AWS regions.
Oracle Corp (ORCL) reports a robust Q4 with significant gains in cloud infrastructure and AI contracts, despite challenges in gross margins and competitive pressures.
This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. Oracle announced a suite of agentic AI capabilities integrated directly into Oracle AI Database, enabling AI agents to securely access enterprise ...
Upgrading your Oracle database from version 11.2.0.2 to the latest Oracle AI Database 26ai release gives you access to the cutting edge functionality that Oracle is delivering to this data platform. This guide will walk you through setting up a new Oracle ...
Here's what could happen to ORCL shares next.
Oracle's market share has been eroding in recent years as the database market has undergone this transformation. According to the market researchers at Gartner, Oracle's share declined from 36.1% in 2017 to just 20.6% in 2021. The company has brought its ...