Prediction: This Hypergrowth Stock Will Be the First $10 Trillion Stock (Hint: It's Not Nvidia)

You may be wondering how Oracle is in a position to race ahead of Nvidia toward the $10 trillion mark. But a closer look at ...
The Information

Oracle Raises AI Cloud Revenue Projection, Struggles to Profit From Older Nvidia Chips

Oracle has struggled to generate gross profit margins higher than 25% from renting out one- to two-year old Nvidia server chips to artificial intelligence developers, The Information reported Thursday ...

Nvidia Stock Drops. Oracle Has Eyes for Another.

Meanwhile, Nvidia said late Monday, it would start shipping the DGX Spark, which it calls the “world’s smallest AI ...

Nvidia’s CEO Is Confident Oracle Will Be ‘Wonderfully Profitable.’ Should You Buy ORCL Stock Now?

In a new interview, Huang says that Oracle is positioned to be “wonderfully profitable” despite concerns over its thin ...
The Information

Oracle Assures Investors on AI Cloud Margins as It Struggles to Profit From Older Nvidia Chips

Oracle on Thursday sought to reassure investors that its business of renting out servers packed with Nvidia chips to OpenAI, ...

Oracle stock jumps 4% as company says cloud revenue will skyrocket to $166B by 2030

Oracle ( ORCL) says its Oracle Cloud Infrastructure business is now on track for $166 billion in revenue by the company's ...
DatacenterDynamics

OpenAI and Oracle to deploy 450,000 GB200 GPUs at Stargate data center in Abilene, Texas

OpenAI and Oracle's Stargate data center in Abilene, Texas, will eventually house more than 450,000 Nvidia GB200 GPUs, Larry ...

Oracle launches AI Data Platform for integration with gen AI

Oracle Autonomous AI Database, and OCI Generative AI service, and incorporates Nvidia accelerated computing infr ...