Oracle (ORCL) has experienced robust growth in artificial intelligence (AI), contributing to its strong financial performance. The company recently announced its initiative to provide free worldwide training in Cloud and AI to support career advancement in high-demand areas such as AI and machine learning (ML). This move aims to meet the increasing demand for Oracle Cloud services by offering free instruction and certification testing to individuals of all skill levels.
Expanding skill sets with free training
Oracle’s training program is accessible in 13 languages and caters to learners of all skill levels. The curriculum focuses on acquiring in-demand skills, particularly in designing and implementing solutions using Oracle Cloud Infrastructure (OCI), AI/ML, data management, and Oracle Fusion Applications. The comprehensive digital learning paths include preparation courses, practice exams, testing, and credentialing.
The free certification program from Oracle University offers several benefits, including access to the complete digital training catalog, live sessions led by Oracle experts, a comprehensive Oracle certification experience, and career resources. This opportunity is available exclusively from Oracle University until August 31, 2023, while digital training for OCI will remain available at no cost.
Oracle’s AI investments and growth prospects
Oracle has recently invested significantly in Nvidia Corp’s chips as it aggressively enters the AI field. With a commitment of billions of dollars, Oracle is aligning its strategy intending to expand its cloud computing service to cater to the growing number of AI companies. The company anticipates total cloud growth for the first quarter to be between 28% and 30% at cc (constant currency), corresponding to 29% and 31% in U.S. dollars.
According to the Zacks Consensus Estimate, Oracle’s first-quarter fiscal 2024 earnings are projected to grow by 10.68% yearly, with revenues expected to increase by 8.82%. With giants like Microsoft and Alphabet also making significant advancements in AI, the competition in this field is intensifying.
Microsoft, for instance, announced a substantial investment of around $10 billion in OpenAI, a startup focused on developing advanced AI tools like ChatGPT and DALL-E. The company’s interest in AI is well-founded, given its involvement in various technology domains and its position as a leading company in Redmond, WA.
Google, known for its extensive presence in technology domains such as cloud computing, drones, logistics, search, and data, has also shown enthusiasm for AI applications. While participating in funding rounds, Google has been actively engaged in the AI sector, particularly in education and training initiatives.
Oracle’s focus on high-speed networks
To gain a competitive edge over formidable rivals like Google and Microsoft, Oracle’s cloud division prioritizes developing high-speed networks capable of efficiently handling the massive volumes of data required for AI systems. This strategic move aligns with the advanced capabilities of ChatGPT.
Oracle is acquiring specialized graphics processing units designed to process extensive AI workloads to achieve this goal. By building robust infrastructure and leveraging AI advancements, Oracle aims to enhance its cloud services and meet the evolving needs of businesses.
Oracle’s provision of free certified training for Cloud and AI demonstrates its commitment to supporting professionals in acquiring in-demand skills and meeting the rising demand for Oracle Cloud services. By investing in AI advancements and building high-speed networks, Oracle positions itself as a strong competitor in the AI industry, aiming for sustained growth and technological innovation.
