Oracle Making AI Cloud Strides
Oracle(ORCL) fool.com·2024-05-23 14:44
Cloud revenue surpassed revenue from licensing and support services operations in the most recent quarter.Like other tech companies, Oracle (ORCL 0.28%) has its eye on the artificial intelligence (AI) brass ring. But how can a company with a mere 2% share of the cloud services market hope to compete against giants like Amazon and Microsoft?The answer can be found in the timing of Oracle's entry into the market and its strategy for providing unique AI cloud solutions.Oracle's entry into the cloud services ma ...