Oracle Enters Expensive Cloud 'Arms Race' with New Data-Center Expansion Plan
Oracle is stepping up its efforts in the race to conquer the cloud. Steve Daheb, Senior Vice President at Oracle Cloud, was with us to explain the company's latest strategy to take on big cloud players such as Amazon and Microsoft.
Oracle recently announced it was expanding automation beyond the database to make all Oracle cloud platform services 'self-driving.' Oracle is applying A.I. and machine learning to its entire next-generation Cloud Platform services. Daheb breaks down how this will give Oracle an edge against Amazon, Microsoft, and other competitors.
Oracle also announced plans to quadruple its giant data-center complexes over the next two years. This could be a costly project. Daheb explained the company's strategy as it enters the expensive cloud arms race.
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Joe Zhao, Managing Partner at Millennia Capital, joined Cheddar to discuss the latest stock moves and how the market is being impacted by artificial intelligence.
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CES 2024 starts this week in Las Vegas. It's set to feature swaths of the latest advances and gadgets across personal tech, transportation, health care, sustainability and more. Here's a list of the coolest announcements so far.
