Oracle's AI Success Is Great News for IBM
Oracle(ORCL) The Motley Fool·2024-09-11 11:20IBM is expanding its Oracle consulting business to tap into soaring demand.Oracle (ORCL 11.44%) lost the battle for general-purpose cloud computing to Amazon Web Services and Microsoft Azure, but a different story is playing out in artificial intelligence (AI) cloud infrastructure. Oracle is building out cloud data centers outfitted with Nvidia graphics processing units (GPUs) at a rapid pace and winning billions of dollars in business from AI companies.Oracle now has 162 cloud data centers either operating ...