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-5.7165723432178E-05 -0.000114331446864519 -0.00108614874521236 -0.000857485851483483 -0.0161207340078888 -0.00692562739381467 -0.00274452638198132 0.0167495569656433
Stock impact report

Oracle Corporation (ORCL) Eyes Fuel Cell Systems for AI and Cloud Build out [Yahoo! Finance]

Oracle Corporation (ORCL) 
Last oracle corporation earnings: 3/12 04:02 pm Check Earnings Report
Company Research Source: Yahoo! Finance
In return, the company will gain access to 2.8 gigawatts of fuel cell systems to support its build-out of artificial intelligence and cloud computing infrastructure. Oracle Corporation (ORCL) Eyes Fuel Cell Systems for AI and Cloud Build out Under a master service agreement, Oracle is contracted for an initial capacity of 1.2 GW. The deployment is already underway across the company's projects in the US. The fuel cell is to support the company's cloud infrastructure demand. Bloom has carved out a niche by offering fuel systems designed for higher-density AI workloads. It has emerged as a beneficiary of the AI boom, as data center developers like Oracle seek alternative energy sources to meet surging demand. On the other hand, KeyBanc has reiterated an Overweight rating on Oracle with a $300 price target. The positive stance is in response to the company's approach spanning multiple areas, including infrastructure for running AI workloads and deploying agents to automate work, Show less Read more
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