Oracle Corporation (NYSE: ORCL) shares are trading slightly higher on Wednesday following reports of a potential $10 billion contract with Elon Musk's AI startup, xAI, for cloud services. Discussions are ongoing, and no agreement has been finalized yet. Oracle's Chairman Larry Ellison previously mentioned the company's work with xAI, highlighting the demand for more computing power. Additionally, Oracle's headquarters may move from Texas to Nashville, though this is not expected to significantly impact operations.