Top 9 AI News Updates Investors Probably Missed

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1. Oracle Corporation (NYSE:ORCL)

Number of Hedge Fund Holders: 105

Oracle Corporation (NYSE:ORCL) is a leading technology company providing a fully integrated suite of cloud applications and platform services. On March 18, Oracle Corporation (NYSE:ORCL) and NVIDIA announced a pioneering integration between NVIDIA’s accelerated computing and Oracle’s AI infrastructure to streamline the development of AI applications.

The collaboration brings over 160 AI tools and 100+ NVIDIA NIM™ microservices to the Oracle Cloud Infrastructure (OCI) Console, with no-code deployment of AI Blueprints and enhanced vector search in Oracle Database 23ai via the NVIDIA cuVS library.

According to Safra Catz, CEO of Oracle, “Oracle has become the platform of choice for both AI training and inferencing, and this partnership enhances our ability to help customers achieve greater innovation and business results. NVIDIA’s offerings, paired with OCI’s flexibility, scalability, performance, and security, will speed AI adoption and help customers get more value from their data.”

While we acknowledge the potential of Oracle Corporation (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 time frame. 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 30 Best Stocks to Buy Now According to Billionaires.

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