Palantir and Oracle recently announced an interesting partnership, stitching together cloud infrastructure and big data analytics.From accelerated computing to cloud infrastructure, humanoid robotics, and self-driving cars, the "Magnificent Seven" stocks of Microsoft, Alphabet, Amazon, Apple, Nvidia, Meta Platforms, and Tesla are leading the artificial intelligence (AI) revolution. As a result, investors have cheered on big tech, which has led to outsize movements in these stocks -- helping fuel the S&P 500 ...

A smartphone with the Tik Tok logo is seen in front of a displayed Oracle logo in this illustration taken, Septemeber 14, 2020.Oracle's top lobbyist in Washington met privately with Senate aides about the company's data housing agreement with TikTok this spring, after a bill that could effectively ban the social media app in the United States passed the House in mid-March.Oracle acts as the data center for U.S. TikTok users. The House legislation would require TikTok's China-based parent company ByteDance t ...

About this content About Leo Grieco Leo joins us with a degree in Media Production from Bournemouth University. His work includes reporting for the UK editorial team and video editing for the broadcast team. He comes with an expertise in video editing and producing. Leo’s specialities include hospitality and leisure, support services, tech and video games. Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and fi ...

About this content About Leo Grieco Leo joins us with a degree in Media Production from Bournemouth University. His work includes reporting for the UK editorial team and video editing for the broadcast team. He comes with an expertise in video editing and producing. Leo’s specialities include hospitality and leisure, support services, tech and video games. Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and fi ...

Adds Oracle Health RevElate to help boost operational efficiency and streamline billing processes across the hospital AUSTIN, Texas, April 22, 2024 /PRNewswire/ -- Auxilio Mutuo Hospital, an academic, private non-profit hospital in San Juan, Puerto Rico, has selected Oracle Health's electronic health record (EHR) to provide clinicians and staff with a comprehensive, simplified view of a patient's health information. The new system is designed to help Auxilio Mutuo create a better patient experience by incre ...

Oracle's high-performance, cost-effective cloud for classified defense workloads AUSTIN, Texas, April 22, 2024 /PRNewswire/ -- Oracle today announced the accreditation of three cloud regions for the U.S. Department of Defense (DoD) with Defense Information Systems Agency (DISA) Impact Level 6 (IL6) authorization to host Secret classified workloads. Oracle Cloud Infrastructure is now available at all DoD classification levels, providing defense customers support for their full technology portfolio and more c ...

JasonDoiy/iStock Unreleased via Getty Images Investment Thesis As Oracle (NYSE:ORCL) continues to build out its position as one of the leaders in the AI database market, particularly in advanced database structures built for vector databases that store mountains of data for Large Language Models (LLMs), I believe that the company’s strong positioning in the generative AI race including through its Oracle Database 23c system, allows them to strategically leverage the rapid expansion of the AI sector, whi ...

Seasonality is a factor in the stock market, but it isn't a reason to abandon your long-term investment strategy.If you regularly invest in the stock market, you've probably come across the phrase "sell in May and go away." The adage came about when investors realized the six-month period between May and October often delivers weaker returns than the six-month period from November to April.Seasonality is one of the most likely causes of the disparity. There is often less trading activity in the warmer sprin ...

Oracle (ORCL) announced that Reka, an artificial intelligence (AI) research and product company, has selected Oracle Cloud Infrastructure (“OCI”) to drive the latter’s mission of advancing science and building cutting-edge generative AI models.Through this collaboration, Reka will leverage OCI's powerful AI infrastructure, powered by NVIDIA GPUs, to train its state-of-the-art multimodal models supporting more than 20 languages. These models will then be made available to customers worldwide via the Oracle C ...

Oracle (ORCL) has announced its intention to invest more than $8 billion over the next decade to meet the growing demand for cloud computing and artificial intelligence (AI) infrastructure in Japan. This investment aims to expand the presence of Oracle Cloud Infrastructure (“OCI”) throughout Japan. Additionally, the company plans to grow its operations and support engineering teams in Japan to assist customers and partners with digital sovereignty requirements.To address the needs of customers and partners ...