Oracle (ORCL) has released its role in a large Stargate project in the Stargate project along with Openai and SoftBank, so debuts the latest AI agent for manufacturers at CloudWorld Event in Austin on Thursday. I did it.
Agents are designed to support supply chain workers, from procurement to sustainability. AI Agent is a specialized artificial intelligence bot that can perform action on behalf of users in multiple apps.
Companies from Microsoft (MSFT), Google (Google) to Amazon (AMZN) and NVIDIA (NVDA) are AI evolution because of the AI agent and the ability to rationalize the time -consuming tasks with AI agents. Push as the next main step:
“The new AI agent for managing the supply chain is rationalized for workflows, automated routine tasks, high accuracy, efficiency, smarter decisions, and ultimately more agile and responsive. Reduces management burden by making it possible. “
The idea behind the latest Oracle products that can be used through Oracle Fusion Cloud Supply Chain and Manufacturing is to support employees from product inspection to providing detailed product distribution instructions.
AI agent’s explosion is part of the high -tech industry initiatives to focus on more abilities from huge investments in AI technology. Microsoft released its own AI agent builder as part of Copilot Studio, but Google has a Vertex AI agent builder.
Oracle announced after the company’s chairman, Larry Ellison, joined the Openai CEO Sam Altman and SoftBank CEO Masayoshi Son, and after the joint Stargate Project. The venture aims to spend $ 500 billion in building AI data centers throughout the United States.
The first data center is currently under construction in Texas.
Oracle’s cloud services are less than Amazon, Microsoft, and Google cloud services in terms of overall market share, but the company is on the same AI waves as the larger competitors. In the second quarter, Oracle reported a little revenue to analyst estimates and sent shares after the announcement.
Nevertheless, cloudy infrastructure revenue increased by 52 % to $ 2.4 billion, and cloud application revenue increased by 10 % to $ 3.5 billion.
Oracle’s shares have risen sharply throughout last year and have risen 41 % in the last 12 months. This is much better than the 7 % increase in Microsoft and the 27 % improvement of Google. However, Amazon has Oracle Beat and jumped to 47 % last year.
The story will continue
