Tech giant Oracle (ORCL) recently revealed its latest AI agents that are designed to support supply-chain workers in various roles, from
Oracle ( ORCL ), fresh off of announcing its part in the massive Stargate Project alongside OpenAI and SoftBank, debuted its latest AI agents aimed at manufacturers during its CloudWorld event in Austin Thursday. Scott Bessent confirmed as Treasury secretary, giving him a key role in extending Trump's tax cuts
Oracle looks like a big winner from the new Stargate Project. The tech giant began working more closely with OpenAI last summer. Oracle is outgrowing leaders like Amazon in cloud-infrastructure revenue.
Oppenheimer analysts view the news that DeepSeek, an open-source Chinese large language model, is outperforming OpenAI’s models at a fraction
Shares of Oracle (NYSE: ORCL) are sinking Monday. The firm's stock had lost 14.2% as of 2:45 p.m. ET, but was down as much as 15.5% earlier in the day. The surge comes as the S&P 500 and Nasdaq Composite lost 1.8% and 3.2%, respectively.
Oracle Corporation (NYSE:ORCL) lost around $70 billion in market share after the stock price was down 14%. The firm has been making heavy investments in developing data centers in a bid to compete with big players like Amazon, Microsoft and Google.
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Nvidia (NVDA), and OpenAI immediately started feeling the heat.  DeepSeek is open-source and the company claims that its models consume much less energy. This allowed DeepSeek to dethrone ChatGPT on the App Store as the most-downloaded free app.
The Federal Trade Commission has sent a letter with questions to Temu and spoke with representatives of the PDD Holdings (PDD)-owned site on
Overall, the analysts view DeepSeek’s emergence as a “negative for AI training and positive for inferencing infrastructure”, highlighting potential beneficiaries such as NET, DOCN, and EQIX.