AI cloud surge: Oracle’s Nvidia moment? What to know about Larry Ellison co-founded firm’s sudden rise – The Times of India

AI cloud surge: Oracle’s Nvidia moment? What to know about Larry Ellison co-founded firm’s sudden rise – The Times of India

What to know about Larry Ellison co-founded firm’s sudden rise On Wednesday, Oracle stunned Wall Street when its shares surged 36% in a single day, the company’s biggest one-day gain since 1992. The rise followed its announcement of a series of multibillion-dollar deals in artificial intelligence (AI) cloud infrastructure, including a landmark agreement with OpenAI….

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