10 AI News Updates Investors Should Not Miss

1. Oracle Corp (NYSE:ORCL)

Number of Hedge Fund Holders: 91

Oracle Corp (NYSE:ORCL) offers products and services that address enterprise information technology environments worldwide. Its Oracle cloud software is a service offering that includes various cloud software applications. It is one of the stocks that was hammered on January 27th on the confirmation that Chinese artificial intelligence company DeepSeek had developed AI models using inferior chips, having lost about 14% in a single day.

The selloff comes days after Oracle Corp (NYSE:ORCL) announced a $500 billion initiative to build data centres to support the artificial intelligence revolution. DeepSeek’s latest innovation casts doubt on the need to spend billions of dollars to try and tap the benefits of the revolutionary technology. In contrast to the tens of thousands of chips typically used for training models of comparable size, DeepSeek claimed in a technical report that it trained its V3 model using a cluster of over 2,000 Nvidia chips.

While we acknowledge the potential of Oracle Corp (NYSE:ORCL) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than ORCL but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap.

Disclosure: None. This article was originally published at Insider Monkey.