Forget The Chips: Oracle Wins Phase 2 of AI

Oracle logo highlighted in front a background representative of the AI industry. Key Points Oracle is transitioning from legacy software to become the essential utility provider for running powerful artificial intelligence chips. The acquisition of a stake in TikTok validates the sovereign cloud strategy by demonstrating that Oracle can meet the immense national security requirements. A massive backlog of signed contracts provides strong revenue visibility and supports the aggressive expansion of data ...