Oracle Corporation is a leading global provider of cloud infrastructure and enterprise software solutions. The company specializes in database management systems, which allow organizations to efficiently store and manage their data. Additionally, Oracle offers a wide range of applications covering areas such as customer relationship management, enterprise resource planning, and supply chain management. With a strong focus on cloud computing, Oracle enables businesses to leverage advanced technologies like artificial intelligence and machine learning to enhance their operations and drive innovation. The company's solutions are utilized by organizations of all sizes across various industries, helping them to streamline processes, improve decision-making, and achieve digital transformation. Read More
The collaboration seeks to advance healthcare services by integrating technology, real-world data, and clinical knowledge into a secure and adaptable digital platform.
Trump admin reached preliminary deal with UAE to import 500,000 Nvidia's AI chips annually through 2027-2030; also announced $600B investment package from Saudi Arabia.
Nvidia Corp (NVDA) and Advanced Micro Devices (AMD) stocks rise after Trump plans to repeal Biden's AI restrictions. Huawei faces penalties for violating US sanctions, while US seeks individual deals with countries. Trump's government blacklisted Huawei in 2019 and Biden imposed semiconductor sanctions. Trump showcases Saudi Arabia's $600B investment commitment, including deals with Amazon, Oracle, and AMD. NVDA up 2.96%, AMD up 3.25% premarket. Can Corning-Broadcom deal transform AI's data center future?
SoftBank reports 10.2% growth in net sales, driven by Arm Holdings' 38.3% rise. Vision Fund investments turn a profit, plans $100B AI infrastructure venture.
AMD announced a $10 billion partnership with Saudi Arabia's sovereign wealth fund-backed AI startup, Humain, and Uber CEO Dara Khosrowshahi stated that the company is focused on introducing autonomous vehicles in Saudi Arabia within the year.
Wall Street's rally stretched into a second session Tuesday, fueled by improving investor sentiment after an early-week breakthrough in U.S.-China trade talks, easing inflation data and fresh geopolitical headlines involving major investment pledges from the Middle East.
Oracle Corp. and seQure announce availability of Ground-Truth service on Oracle Cloud Infrastructure, offering automated threat detection and data observability.
