Oracle Pledges $1B Over Four Years to AI Software Partners
Oracle announced a $1 billion, four-year commitment to companies that build, sell and install its software, announced at AI World in Las Vegas. The partner program covers training and certification, test and demo environments, cloud-migration funding and Oracle Marketplace sales; Oracle also updated Marketplace rules to permit greater use of prepaid cloud credits and direct pricing by software vendors.
The program is a material ecosystem investment intended to expand Oracle’s sales reach and delivery capacity for database, cloud and AI products through consulting firms, software makers, cloud providers and resellers.
Oracle announced a $1B, four-year commitment to its partner ecosystem at AI World in Las Vegas, covering training, test and demo environments, cloud migration funding and Marketplace sales. It also changed Marketplace rules. The pledge comes as Oracle cuts costs to fund its AI data centres.
Oracle will spend $1B over the next four years on the companies that build, sell and install its software, the company said on Thursday. It made the pledge at its AI World conference in Las Vegas. The aim is to help partners cash in on demand for AI.