What Is One of the Best Cloud AI Stocks to Buy Right Now?

Investment in computing infrastructure to support artificial intelligence (AI) is reshaping the cloud computing market, and Oracle (NYSE: ORCL) might be the best cloud stock to bet on. Its focus on offering the greatest customer flexibility and processing speeds for AI applications is driving accelerating growth that could send the stock higher.Image source: Getty Images.Oracle's cloud infrastructure (OCI) segment posted a revenue increase of 55% year over year last quarter, up from 52% in the previous quarter. Oracle signed deals with multiple tech giants, including ChatGPT's OpenAI, sending its remaining performance obligations up 359% year over year to $455 billion.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool