AI Index / Oracle Corporation
Oracle Corporation (ORCL)
Oracle, a cloud computing and software provider, earns revenue from its cloud infrastructure (OCI), software licenses and support services. AI is incorporated into its autonomous databases, supporting automation in data management, security and scalability. Oracle’s cloud infrastructure also includes NVIDIA GPU clusters to train large-scale AI models, alongside security features such as biometric authentication and zero-trust architecture
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Location: US
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Market Cap: $459.5B
link
https://www.oracle.com
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What we are seeing in the market is that we are the destination of choice for both AI training and inferencing. This is due to the fact that our Gen 2 cloud is faster and therefore, cheaper than our competitors and also due to our ultra high-speed networking engineering that we started decades ago and that is now highly relevant for AI.
- Safra Catz
Quotes from oracle Executives About Artificial Intelligence and Generative AI
Record level AI demand drove Oracle Cloud Infrastructure revenue up 51% in Q3... Growth in the AI segment of our infrastructure business was extraordinary GPU consumption revenue is now nearly 3.5 times the size of last year's.
- Safra Catz
[Oracle has developed a new product called] the AI data platform that enables our huge installed base of database customers to use the latest AI models from OpenAI xAI and meta to analyze all of the data they have stored in their millions of existing Oracle databases.
- Lawrence Ellison
[We are building a gigantic] 64,000 GPU, liquid-cooled NVIDIA GB200 cluster for AI training.
- Lawrence Ellison
[Our multi-cloud business at Amazon, Google and Microsoft grew] 200% in the last three months alone...
- Lawrence Ellison
...because [of OCI's momentum], customers are looking at us for many more workloads.
- : Safra Catz