Oracle: Aspiring to Become an AI Industry Giant - Why Is It So Difficult?

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Oracle Corporation, founded in 1977, currently holds the position of the world's second-largest software company, only behind Microsoft, in terms of revenue and market capitalization. In recent years, Oracle has strongly shifted to the cloud computing market, competing with giants Amazon and Microsoft.

CEO Safra Catz shared during the Q2 earnings release conference:

"The best news is that Oracle signed a MultiCloud agreement with AWS — including our latest technology — Exadata hardware and the 23ai version of the database software — integrated into AWS's cloud centers."

This new agreement will allow customers to connect data in their Oracle Database with applications running on AWS starting from December. AWS will join Azure and Google Cloud in providing Oracle services on their clouds.

Oracle Cloud Infrastructure (OCI) is also on track to become the 4th largest cloud provider (after AWS, Azure and GCP). Oracle is showing the market its superior potential. In this article, Viet Hustler will explore with readers more about this company's business model and prospects.

• Introduction to Oracle

• Oracle's Business Model

• Q1 FY25 Results

• Oracle's competitive advantages

• Key Quotes from the Q1 Earnings Release Conference

• Future prospects

• Preliminary Oracle Valuation