Oracle Unveils AI Agents for Manufacturers at CloudWorld Event

Austin, Texas - Oracle debuted its latest artificial intelligence (AI) agents during its CloudWorld event in Austin on Thursday, targeting manufacturers and aiming to streamline supply chain operations. The agents leverage Oracle Fusion Cloud Supply Chain and Manufacturing platform to assist with various tasks, from product inspections to delivery instructions.

AI Agents Enhance Efficiency

AI agents are specialized bots that perform tasks on behalf of users, either autonomously or under supervision, across multiple applications. Oracle's agents are designed to ease administrative burdens by automating routines, improving accuracy, and enabling smarter decision-making.

Industry-Wide Push

Companies like Microsoft, Google, Amazon, and Nvidia are investing heavily in AI agents as the next transformative technology. These agents streamline time-consuming tasks, improving overall efficiency.

Oracle's Competitive Edge

Oracle's AI agents differentiate itself by focusing on supply chain management, empowering employees to manage product inspections and provide detailed delivery instructions.

AI Investment and Growth

Oracle's announcement follows its involvement in the Stargate Project alongside OpenAI and SoftBank, which aims to invest up to $500 billion in AI data center construction across the US.

Market Share and Financial Performance

Oracle's cloud service holds a smaller market share compared to Amazon, Microsoft, and Google, but the company is experiencing significant growth in cloud infrastructure revenue (52% in Q2) and cloud application revenue (10% in Q2).

Strong Stock Performance

Oracle's shares have surged 41% in the past year, outperforming Microsoft (7%) and Google (27%), although lagging behind Amazon (47%).