Oracle Stock Rises 2% on NetApp Storage Deal for AI Migration
Oracle announced a new fully managed NetApp storage service on Oracle Cloud Infrastructure, aiming to simplify AI migration for companies. Oracle shares rose about 2.0% to $140.88.
Oracle NYSE:ORCL, the cloud-database and enterprise-software company, said it plans a fully managed NetApp storage service on Oracle Cloud Infrastructure. m. ET Friday. The pitch is to make it easier for companies to move workloads for AI migration.