Oracle surges as AI demand helps reignite cloud business momentum
The Star Online - Tech·2024-03-12 19:10
(Reuters) - Oracle soared 13% on Tuesday, on signs the firm 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 database megacorp also teased joint announcements with Nvidia coming up next week, which could be made at the chip firm's GTC developer conference that runs from March 18 to 21.
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