When approaching a multi-cloud adoption strategy, it is imperative to carefully think through several key factors.

We recently published 10 Stocks Jim Cramer Discussed As He Remained Optimistic About American Ingenuity. Microsoft Corporation (NASDAQ:MSFT) is one of the stocks Jim Cramer recently discussed. Microsoft Corporation (NASDAQ:MSFT)’s cloud computing business is a key focus point for Jim Cramer.

Oracle shares soared about 35% on Wednesday after the company pointed to a demand surge for its cloud services from AI firms, underscoring its deeper push into the backbone of artificial intelligence systems.

Cloud computing helps enterprises lower TCO, boost ROI, improve efficiency, enable dynamic provisioning, and offer utility-style pay-as-you-go services.

Artificial intelligence chipmakers saw strong momentum this week as corporate earnings, cloud computing contracts, and surging demand for AI infrastructure fueled gains across the sector. Nvidia (NASDAQ:NVDA),

Ellison, 81, whose net worth is largely derived from his 41% stake in Oracle, saw his fortune rise by about $100 billion to around $392.6 billion, according to Forbes. He is rapidly closing in on Tesla chief Elon Musk in the race for the title of the world's richest person. Musk's net worth last stood at $439.9 billion.

Alphabet Inc.’s Google cloud computing division has up to $106 billion in commitments from existing customer contracts that it has yet to fulfill, according to the division’s Chief Executive Officer,