Oracle's Gen2 AI infrastructure far exceeds supply
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Oracle announced Monday that it will soon make a joint announcement with chip giant NVIDIA and beat estimates for quarterly profit, buoyed by boom demand for generative AI, sending shares up nearly 14% in after-hours trading. Cheaper offerings than the competition The 46-year-old database giant Oracle is seeking to raise its profile as a cloud computing provider by offering lower-cost offerings than rivals such as Amazon.com and partnerships with Microsoft and NVIDIA, the leading maker of AI chips. "We expect to continue to win large contracts...
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