Oracle gains as cloud infrastructure business gets AI boost

By

Demand up for relatively low-cost cloud services.

Oracle gains as cloud infrastructure business gets AI boost
(ROracle shares jumped nine percent as investors cheered a boom in demand for the company's relatively low-cost cloud infrastructure services from artificial intelligence applications. If the gains hold, the company will add about US$30 billion to its market valuation of US$340 billion as of ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:
cloudoracle

Sponsored Whitepapers

Redefining Vulnerability Management
Redefining Vulnerability Management
How JLL gained visibility into nearly 100K endpoints with Tanium
How JLL gained visibility into nearly 100K endpoints with Tanium
Why a holistic approach to managing risk is key to solving complex IT problems
Why a holistic approach to managing risk is key to solving complex IT problems
High Availability: The Foundation of Digital Transformation
High Availability: The Foundation of Digital Transformation
Nine Ways To Prepare Your Database for a High-Traffic Event
Nine Ways To Prepare Your Database for a High-Traffic Event

Most Read Articles

Suncorp builds generative AI engine 'SunGPT'

Suncorp builds generative AI engine 'SunGPT'
Coles Group calculates a TCO for its enterprise applications

Coles Group calculates a TCO for its enterprise applications
NAB retires its Tableau environment

NAB retires its Tableau environment
Bendigo and Adelaide Bank uses GenAI, MongoDB to refactor application

Bendigo and Adelaide Bank uses GenAI, MongoDB to refactor application

Digital Nation

State of Security 2023
State of Security 2023
How eBay uses interaction analytics to improve CX
How eBay uses interaction analytics to improve CX
Health tech startup Kismet raises $4m in pre-seed funding
Health tech startup Kismet raises $4m in pre-seed funding
COVER STORY: What AI regulation might look like in Australia
COVER STORY: What AI regulation might look like in Australia
More than half of loyalty members concerned about their data
More than half of loyalty members concerned about their data

Log In

  |  Forgot your password?