Oracle co-founder Larry Ellison believes the real breakthrough for AI will come from inference, which has potential in fields from robotics to drug design.

Can Oracle realistically triple again from current levels to reach $900 per share? The numbers suggest it's not just possible—it might be inevitable.

The Austin-based software giant expects a major boost to its cloud infrastructure business into 2030 as a result of the AI boom.

The software giant missed expectations in its latest quarterly report, but it forecast huge gains in cloud-infrastructure revenue. Oracle revealed it added $317 billion in future contract revenue during its latest quarter. Chief Executive Safra Catz told analysts that it had signed contracts with three different customers during the quarter.

It’s no surprise that this exceptional guidance caused shares of Nvidia, Broadcom, and AMD to climb between 2% and 10%, as these chip manufacturers form

For Oracle’s recent rally to make sense, the company will have to approach Nvidia’s unprecedented run of success.

The software giant is expected to double its revenue in three years, but its future now fully hinges on the AI splurge.