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Oracle launches Cloud Innovation Studio with IMSA to boost startup tech in live motorsports.

Others
09 Jul 2026
PRNewsWire
View Source
Bullish
pluang ai news

Oracle and IMSA have partnered to create IMSA Labs, launching the Oracle Cloud Innovation Studio to help startups develop and test technology in real race conditions. This program uses Oracle Cloud Infrastructure and IMSA's live race data to validate solutions in areas like telemetry, AI, and real-time decision-making. The initiative offers startups a unique environment to innovate with high-speed, complex data, benefiting industries beyond motorsports such as manufacturing and logistics. Oracle's involvement marks a significant step in blending cloud tech with motorsports for broader industrial applications.

More News (ORCL)

AI market mirrors 1999 Internet Boom with high tech valuations and rising risks

AI market mirrors 1999 Internet Boom with high tech valuations and rising risks

The current AI-driven market shows striking similarities to the late 1999 Internet Boom, with tech stocks making up 55% of the U.S. market cap and semiconductors alone at 20%. This concentration surpasses the dot-com era, raising concerns about syste...

Market News
Bearish
9 hours ago
Oracle's $638B AI contract backlog signals strong future revenue despite stock drop.

Oracle's $638B AI contract backlog signals strong future revenue despite stock drop.

Oracle's stock has fallen nearly 37% this year due to heavy investments in cloud infrastructure, raising investor concerns about costs and short-term profits. However, the company has a massive $638 billion Remaining Performance Obligations (RPO), a ...

Market News
Bullish
10 hours ago
Oracle posts record Q4 with 21% revenue growth but shares fall sharply despite strong AI-driven outlook.

Oracle posts record Q4 with 21% revenue growth but shares fall sharply despite strong AI-driven outlook.

Oracle Corporation reported record Q4 and fiscal 2026 results, achieving 21% year-over-year revenue growth and a 54% increase in cash from operations. The company's AI-driven capital expenditures are translating into strong cash flow, supported by $6...

Company Fundamentals
Bullish
1 day ago
Oracle rated Strong Buy due to undervalued cloud growth and $638B revenue backlog.

Oracle rated Strong Buy due to undervalued cloud growth and $638B revenue backlog.

Oracle is considered a Strong Buy as the market undervalues its strong revenue visibility and accelerating cloud infrastructure growth. The company has $638 billion in remaining performance obligations and projects a 31% revenue compound annual growt...

Analyst Insights
Bullish
2 days ago
Oracle Commodity updates on royalties across fluorspar, vanadium, coal, nickel, and silver projects globally.

Oracle Commodity updates on royalties across fluorspar, vanadium, coal, nickel, and silver projects globally.

Oracle Commodity Holding Corp. provided updates on its royalty and equity portfolio covering advanced mineral projects in the US, Canada, Mongolia, and Bolivia. Key assets include 2% NSR royalties on fluorspar, vanadium, coal, nickel-PGM, and silver ...

Market News
Bullish
2 days ago
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