They are a software vendor, and the theory goes all the software vendors will go away, because AI will just build your business software on the fly. So they are trying to "become AI"!
Also Oracle is owned by Larry Ellison and hes in a competition with the other tech bros.
Well, I'm sure they were when "cloud" was the latest buzzword in public company reporting. Now that its AI I'm sure the next quarterly will show massive (fabricated by reshuffling) growth in their AI initiative.
Also Oracle is owned by Larry Ellison and hes in a competition with the other tech bros.