Oracle rises after revealing AI Data Platform and new partnerships at AI World event (ORCL:NYSE)

Core Insights - Oracle introduced its new AI Data Platform and various partnerships at the AI World event in Las Vegas, highlighting its commitment to AI technology [2] - The company's shares experienced a 2% increase during intraday trading on Wednesday, indicating positive market reception [2] Company Developments - The launch of the AI Data Platform signifies Oracle's strategic focus on artificial intelligence and its applications in data management [2] - New partnerships announced during the event may enhance Oracle's ecosystem and expand its market reach in the AI sector [2] Market Reaction - The 2% rise in Oracle's shares reflects investor confidence in the company's new initiatives and potential for growth in the AI market [2]