Oracle, OpenAI Sign $300 Billion Computing Deal
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Oracle shares rose about 40% on Wednesday after the company pointed to a demand surge for its cloud services from AI firms, underscoring its deeper push into the backbone of artificial intelligence systems.
Shandong Shenguang Investment Advisory: The Application of Cloud Computing in Financial Technology
The company’s cloud-intelligence business was the fastest-growing segment, increasing revenues 26% year over year.
Oracle shares soared about 35% on Wednesday after the company pointed to a demand surge for its cloud services from AI firms, underscoring its deeper push into the backbone of artificial intelligence systems.