Oracle's stock rose 5% after announcing that Google's Tensor Processing Units (TPUs) will be available on Oracle Cloud Infrastructure starting next year, marking the first time Google chips are offered on a hyperscale cloud outside Google. Additionally, Oracle and NVIDIA are expanding NVIDIA Vera Rubin superclusters on Oracle's cloud, giving customers access to both NVIDIA GPUs and Google TPUs. This multi-chip strategy positions Oracle uniquely among cloud providers, offering customers diverse AI hardware options. However, Oracle faces challenges with heavy capital expenditures and negative cash flow as these expansions ramp up, making execution and customer adoption critical in the coming quarters.
As of Oct 28, 2026 00:21 WIB, Oracle's stock is trading at USD 131.25 on Pluang, up 4.12% for the day, reflecting strong investor interest following its cloud infrastructure announcements. Meanwhile, Amazon shares are up 1.65% at USD 253.20, and Microsoft is nearly flat, down 0.07% at USD 532.21. Oracle's market cap stands at $382.15 billion, highlighting its significant presence in the technology sector as it expands AI hardware options.
Oracle announced it is incorporating OpenAI's ChatGPT and Codex into its software applications to enhance database functionality and enterprise AI access. The company also revealed that its cloud infrastructure will support various AI hardware, inclu...
Oracle announced a major collaboration with OpenAI to integrate advanced AI models like ChatGPT and Codex into Oracle's applications, data, and cloud infrastructure. This partnership aims to transform enterprise operations by enabling AI-driven workf...
Oracle Cloud Infrastructure (OCI) will be the first hyperscale cloud platform outside Google to offer Google's Tensor Processing Units (TPUs) starting in 2027. This partnership allows OCI customers to access Google's specialized AI hardware, designed...
Oracle introduced Oracle AI Security Mesh, powered by OpenAI, to enhance enterprise cybersecurity by quickly identifying and fixing vulnerabilities. This new tool complements Oracle's existing identity verification and zero trust network protections,...
Oracle announced Oracle Media Fabric, an integrated AI-powered platform designed to help media companies and streaming providers reduce content production time and costs, stream high-quality video at scale, and create personalized viewing experiences...
