Oracle’s $300 billion bet: Why the AI ‘dream run’ hit a wall
By
Binu Mathew
For a brief stretch this year, Oracle looked like one of the unlikely winners of the AI boom.
From the start of the year to its peak, Oracle’s share price climbed from around $120 to over $300, delivering close to 200% returns in less than six months. For a company long viewed as a mature enterprise software player, the rally was extraordinary.
