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Oracle’s missteps in cloud computing are paying dividends in AI

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Oracle’s missteps in cloud computing are paying dividends in AI

Oracle has made a surprising comeback in the tech industry as a leading provider of cloud computing for AI developers. Despite being considered a dinosaur of the pre-cloud era, Oracle has positioned itself as a strong player in the cloud market, particularly in AI. Its late entry into the game has allowed it to build data centers specifically designed for AI development and training. Additionally, Oracle's partnerships with Microsoft, Google, and Amazon, as well as its relationships with AI startups, have contributed to its recent success. The company's AI business is expected to grow significantly in the coming years. However, there are concerns about the transitory nature of AI spending on Oracle's services.

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