Oracle's involvement in the $100 billion Stargate AI infrastructure project positions it to significantly boost its cloud revenue and market share, potentially reaching $109 billion in revenue by 2029. Oracle's competitive pricing and strategic positioning make it an ideal partner for OpenAI, complementing Microsoft's Azure and easing capacity constraints. The Stargate project enhances US AI co...
Interconnect enables customers to migrate and run mission-critical workloads at FedRAMP High AUSTIN, Texas , Feb. 27, 2025 /PRNewswire/ -- To meet growing customer demand for multicloud capabilities, Oracle today announced the general availability of the Oracle US Gov West (Phoenix) and Azure US Gov Arizona (Phoenix) regions for Oracle Interconnect for Microsoft Azure. Joint customers can use ...
The entire stock market seems to be centered around the technology sector today, going after the ever-increasing valuations and growth projections seen in the artificial intelligence space and its support areas, such as semiconductors and chip makers. However, there is another area that hasn't gotten too much attention lately.
Der DeepSeek-Schock hallt noch immer nach. Das chinesische KI-Startup scheint hat bei Marktteilnehmern für eine Neubewertung von Tech-Werten aus China gesorgt.
Big news in the artificial intelligence (AI) space over the weekend is shaking up stock prices at AI app-maker C3.ai (AI -4.77%) and small modular nuclear power plant-builder NuScale Power (SMR -3.41%) this morning, with C3.ai stock down 6.4% through 10:20 a.m. ET, and NuScale off 6.2%.
Oracle's currency headwinds in 3Q are expected to alleviate due to the weak dollar over the past few weeks, creating the potential to exceed market consensus. The company can maintain growth acceleration in revenue in 3Q on a constant currency basis, and its long-term growth potential is supported by nearly 50% YoY growth in RPO. Strong RPO growth is largely driven by cloud contract backlogs, w...
AUSTIN, Texas , Feb. 20, 2025 /PRNewswire/ -- Oracle Health has been recognized as a leader in the IDC MarketScape: U.S. Healthcare Data Platform for Providers 2024-25 Vendor Assessment1 . The report notes: "With a strong emphasis on interoperability, Oracle Health Data Intelligence aims to empower customers with access to data from various sources — clinical, claims, social determinants, pharm...
The artificial intelligence (AI) revolution is reshaping the global economy at an unprecedented pace, with innovations emerging across every sector from healthcare to transportation. As companies race to integrate AI capabilities into products and services, investors are keenly searching for opportunities to capitalize on this technological transformation.
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