Oracle Corporation (ORCL) Eyes Fuel Cell Systems for AI and Cloud Build out

Oracle Corporation (NYSE:ORCL) is one of the best data center stocks to buy right now. On April 13, Oracle Corporation (NYSE:ORCL) expanded its strategic partnership with Bloom Energy. In return, the company will gain access to 2.8 gigawatts of fuel cell systems to support its build-out of artificial intelligence and cloud computing infrastructure.

Oracle Corporation (ORCL) Eyes Fuel Cell Systems for AI and Cloud Build out

Under a master service agreement, Oracle is contracted for an initial capacity of 1.2 GW. The deployment is already underway across the company’s projects in the US. The fuel cell is to support the company’s cloud infrastructure demand.

Bloom has carved out a niche by offering fuel systems designed for higher-density AI workloads. It has emerged as a beneficiary of the AI boom, as data center developers like Oracle seek alternative energy sources to meet surging demand.

On the other hand, KeyBanc has reiterated an Overweight rating on Oracle with a $300 price target. The positive stance is in response to the company’s approach spanning multiple areas, including infrastructure for running AI workloads and deploying agents to automate work, as well as core enterprise data.

Oracle Corporation (NYSE:ORCL) is a major player in data center technology, focusing on providing high-performance infrastructure, cloud services, and specialized database hardware. Their activities span from building their own global public cloud network to deploying specialized hardware directly inside customer data centers.

While we acknowledge the risk and potential of ORCL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than ORCL and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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