Larry’s risky business

Oracle has announced a significant shift towards artificial intelligence, abandoning its traditional model. The company, one of the oldest in the sector, aims to enter the AI market by offering software as a service. This transformation comes as Oracle faces a decline in its traditional business, making this move bold and crucial. Oracle is among the few publicly traded companies focusing on AI, adopting a different model from competitors like OpenAI and Anthropic. Instead of developing foundational models, Oracle is concentrating on providing innovative software solutions tailored to current market needs.