Tuesday, September 10, 2024

Oracle shares are up 34% since January, well outpacing the Nasdaq's 14% rise, as it becomes an attractive cloud-computing provider for AI developers (Tom Dotan/Wall Street Journal)

Tom Dotan / Wall Street Journal:
Oracle shares are up 34% since January, well outpacing the Nasdaq's 14% rise, as it becomes an attractive cloud-computing provider for AI developers  —  Long-stagnant stock is up 34% thanks to its neutral status in the booming market for AI computing power  —  Oracle missed the tech industry's move …



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London-based Tessl, which is building an AI to write and maintain code, raised $125M across seed and Series A, sources say at a $500M+ post-money valuation (Ingrid Lunden/TechCrunch)

Ingrid Lunden / TechCrunch : London-based Tessl, which is building an AI to write and maintain code, raised $125M across seed and Series ...