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LAS VEGAS - Oracle (NYSE:ORCL), a prominent player in the software industry with a market capitalization of $878 billion, announced the launch of its AI Factory, a set of support services designed to help customers and partners implement artificial intelligence solutions more efficiently, according to a press release statement issued Tuesday. According to InvestingPro analysis, the company’s shares appear overvalued at current levels, despite showing strong momentum with an 86.67% gain year-to-date.
The AI Factory provides structured pathways for organizations at various stages of their AI journey, focusing on deploying AI agents, unifying data, and accelerating embedded AI adoption across Oracle’s cloud applications. This strategic initiative builds on Oracle’s robust financial foundation, with the company generating $59.02 billion in revenue over the last twelve months.
The new offering includes AI education programs, implementation playbooks, a digital engagement platform called Cloud Success Navigator, and dedicated customer success managers. Oracle has also established AI Customer Excellence Centers where clients can test AI use cases with their own data.
Several early adopters have reported benefits from the AI Factory. Marriott International’s global officer for talent management, Elaine Engle, noted that Oracle’s AI-powered human capital management suite has enhanced their performance management approach.
"It empowers our associates to develop clearer, more measurable goals that drive meaningful impact and results for our organization," Engle said.
Gary Miller, Oracle’s customer success officer and executive vice president, stated that the company is "uniquely positioned to help customers and partners accelerate AI innovation" through its integrated technology stack.
The AI Factory complements Oracle’s existing AI capabilities embedded across its cloud infrastructure, analytics, database, and application products. The company aims to help organizations transform "cutting-edge technologies into practical business solutions that deliver tangible value securely and cost-effectively," according to the press release.
Oracle trades on the New York Stock Exchange under the ticker NYSE:ORCL. For investors seeking deeper insights, InvestingPro offers exclusive access to 18+ additional investment tips and comprehensive financial metrics for Oracle, including detailed valuation analysis and growth projections. The platform’s Pro Research Report provides an in-depth analysis of Oracle’s market position and future prospects, part of its coverage of over 1,400 top US stocks.
In other recent news, Oracle Corporation’s Long-Term Issuer Default Rating has been affirmed at ’BBB’ with a Stable outlook by Fitch Ratings. This decision reflects Oracle’s substantial investments in AI compute infrastructure, which are linked to multi-year contracts with major clients such as OpenAI and Meta. In partnership developments, Oracle and Duality Technologies have announced that Duality’s secure data collaboration platform is now available on Oracle Cloud Marketplace. This platform is designed to enhance secure data collaboration for government and defense sectors without compromising sensitive information.
Additionally, Oracle has expanded its Defense Ecosystem by adding ten new tech partners, including companies like Airis Labs and Defense Unicorns, to foster innovation in defense and national security. Analyst firm BMO Capital has raised Oracle’s stock price target to $355, maintaining an Outperform rating, and highlighted an upcoming FA event as a potential catalyst for the company. These recent developments underline Oracle’s ongoing strategic initiatives and partnerships in technology and security sectors.
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