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Oracle (ORCL), new from announcing its role in the huge Stargate project alongside Openai and SoftBank, first appeared in the latest artificial intelligence agents who aim to manufacturers during the CloudWorld event in Austin on Thursday.
The agents are designed to help supply chain workers through a range of jobs ranging from purchases to sustainability. Artificial intelligence agents are robots of artificial intelligence that can take action on behalf of the user, either independently or with their monitoring, through multiple applications.
Companies ranging from Microsoft (MSFT) and Google (Google, Googl) pay to Amazon (Amzn) and NVIDIA (NVDA) artificial intelligence agents as the next main step in the development of artificial intelligence thanks to their ability to help simplify worldly tasks but time tasks.
“The new artificial intelligence agents to manage the supply chain helps reduce the administrative burden by simplifying the workflow and automating the routine tasks to enable more accuracy and efficiency, and make the most intelligent decision, and eventually, a more flexible and responsive supply chain,” said the development of requests Chris Leon in a statement .
The idea is the latest Oracle offers, which are available through the Oracle Fusion Cloud supply chain and the manufacturing platform, which is to help employees deal with everything from products inspections to detailed instructions for commodities.
AI’s agent’s explosion is part of the technology industry efforts to pressure more capabilities of its extensive investment in artificial intelligence technologies. Microsoft has released its AI Agent creator as part of the Copilot Studio, while Google has Apertex Ai Agent Builder.
The Oracle advertisement comes after the company’s president, Larry Ellson, joined the CEO of Openai, Sam Altman, CEO of SoftBank, Masayoshi Son to announce the joint Stargate project, which seeks to spend up to $ 500 billion in the establishment of artificial intelligence data centers Throughout the United States.
The first data center is currently being constructed in Texas.
Oracle Cloud Service is lower than Amazon, Microsoft and Google in terms of the total market share, but the company leads the same wave of artificial intelligence as its largest competitors. In Q2, Oracle has reported less profits than analysts, which led to a decrease in shares after the announcement.
However, the cloud infrastructure revenue for the quarter increased by 52 % to $ 2.4 billion, while cloud request revenues jumped by 10 % to $ 3.5 billion.
Oracle shares have risen sharply throughout the past year, as they increased by 41 % over the past 12 months. This is much better than Microsoft increasing by 7 % and improving Google by 27 %. Amazon, however, has an oracle win, 47 % jumped last year.
