Oracle used to be an early era computer and stood for "Oak Ridge Automatic Computer and Logical Engine". This is however not connected with the Oracle Corporation we know today. Oracle Corporation got its name from a failed defense project that Larry, Ed and Bob (the initial founders) worked on. Check Wikipedia for more details.
https://en.wikipedia.org/wiki/ORACLE_%28computer%29
https://en.wikipedia.org/wiki/Oracle_Corporation
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