8 AI News Updates Investors Should Not Miss

2. Oracle Corp (NYSE:ORCL)

Number of Hedge Fund Investors: 91

Oracle Corp (NYSE:ORCL) is a software infrastructure company that offers products and services that address enterprise information technology environments. The company’s chairman and co-founder, Larry Ellison, reiterated on February 12th that governments should strive to consolidate national data for consumption by artificial intelligence models.

According to Ellison, unifying data about health, agriculture, infrastructure, procurement, and borders is the missing link to taking full advantage of artificial intelligence. The remarks come as the software giant works alongside ChatGPT developer OpenAI and Softbank to try to expand artificial intelligence infrastructure in the US as part of the Stargate project.