10 AI News Updates Making Headlines Right Now

2. Oracle Corporation (NYSE:ORCL)

Number of Hedge Fund Holders: 91

Oracle Corporation (NYSE:ORCL) is an enterprise technology giant that provides database software, cloud infrastructure, and enterprise software solutions. The company has transformed from a traditional database provider to a major cloud computing and AI player, serving over 430,000 customers in 175 countries. On February 3rd, the company was recognized as a leader in coming up with innovative and cost-effective solutions designed to enhance healthcare systems.

The company was named a ‘Leader’ in the Everest Group Life Sciences Clinical Trial Management System (CTMS) Products PEAK Matrix® Assessment 2024. The accolade validated Oracle Corporation’s (NYSE:ORCL) expertise in data and AI, which has helped develop platforms like CTMS that are increasingly addressing unique challenges of Pharma and healthcare systems. The AI-powered Oracle Siebel CTMS platform is a one-stop-shop solution for clinical trial management. It provides flexibility for customization to meet specific organizational needs.