Top 10 AI News Updates Trending on Wall Street

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1. Oracle Corp (NYSE:ORCL)

Number of Hedge Fund Investors: 91

Oracle Corp (NYSE:ORCL) is a software infrastructure company that is increasingly transitioning from database software roots towards artificial intelligence as it looks to strengthen its growth metrics. On February 6th, the company launched Project Vidya, which looks to tap India’s vast talent pool amid the AI boom. As part of the project, the company is to train 500,000 youth and women on the latest digital technologies, including AI, Generative AI and cybersecurity.

Project Vidya is to provide learners with training and certification in key digital skills needed to prosper in technology-driven careers. In addition to professional-level training and certifications in fields like DevOps, AI, and data science, the program will provide students with rigorous foundational training in cloud technologies. Additional training will be selected on an individual basis based on learning objectives and learning levels.

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.

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