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AI demand helps reignite Oracle's cloud business momentum

By Staff Writer

Mar 13 2024 6:28AM

Seen to be making progress.

AI demand helps reignite Oracle's cloud business momentum

Oracle soared more than 13 percent to reach a record high on signs the company was making progress in its plan to grab a share of the cloud-computing market thanks to its tie-up with AI chip giant Nvidia. The vendor also teased joint announcements with Nvidia coming up next week, which could be ...

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