Customers can build generative AI applications without AI expertise, data movement, or additional costHeatWave GenAI is 30X faster than Snowflake, 18X faster than Google BigQuery, and 15X faster than Databricks for vector processingAUSTIN, Texas, June 26, 2024 /PRNewswire/ -- Oracle today announced the general availability of HeatWave GenAI, which includes the industry's first in-database large language models (LLMs), an automated in-database vector store, scale-out vector processing, and the ability to hav ...

These tech giants' stocks are in fine form this year as they benefit from the growing adoption of AI.The proliferation of artificial intelligence (AI) turned out to also be a boon for some legacy tech companies looking for their next big growth driver. Stalwarts like Oracle (ORCL -0.52%) and Dell Technologies (DELL 2.03%) have gained impressive momentum on the stock market of late.Share prices of Oracle, which made its name selling database software, are up 34% so far in 2024. Dell Technologies, which is in ...

Across the United States, many people are still wondering whether TikTok will be banned in the country. Indeed, the popular content-creation app is facing an uncertain future after President Joe Biden signed a bill decreeing that ByteDance — the platform’s Chinese parent company — will have to either sell the platform or face a U.S. ban. But its not just teenagers who are hoping that a TikTok ban can be averted.Oracle (NYSE:ORCL) has made it clear that such a policy would severely impact its bottom line. Th ...

Software giant Oracle warned investors that a US ban of TikTok will likely damage its bottom line if it takes effect.In April, Congress passed a bill that would require TikTok’s Beijing-based parent ByteDance to divest from the app entirely within 12 months or face a total US ban.Oracle, co-founded and chaired by billionaire tech executive Larry Ellison, said the law “will make it unlawful to provide internet hosting services to TikTok,” Oracle said in its annual report published Monday. 4 Congress passed ...

Oracle (ORCL) has announced the general availability of its Clinical Digital Assistant for ambulatory clinics in the United States, marking a significant step in the integration of artificial intelligence (AI) into healthcare practices. This new offering aims to revolutionize the doctor-patient interaction by leveraging generative AI, clinical intelligence and multimodal assistance to streamline workflow and reduce administrative burden on healthcare providers.The Clinical Digital Assistant, integrated with ...

New Oracle Health Insurance Data Exchange Cloud Service simplifies and secures data exchange with CMS and employer groupsAUSTIN, Texas, June 25, 2024 /PRNewswire/ -- Oracle introduced the Oracle Health Insurance Data Exchange Cloud Service, a new solution their complex data exchange needs. With the ability to create custom data mapping and designed to help healthcare insurers more easily onboard evolving data formats and simplify validation rules, insurers can speed the processing of new and proprietary dat ...

Follow Invezz on Telegram , Twitter , and Google News for instant updates >A potential U.S. ban on TikTok may significantly impact Oracle’s revenue, as the software giant acknowledged in its annual report released on Monday. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.This development follows President Joe Biden’s April bill requiring ByteDance, TikTok’s Chinese owner, to sell the platform within nine months to avoid a ban in the U.S. TikTok’s rel ...

Oracle CEO Safra Catz, center, departs following a meeting on Capitol Hill in Washington on June 18, 2024. Chief executives from major companies including Palantir Technologies and Oracle Corp. met with senators at the Capitol Tuesday to press for US support of Israel amid its invasion of Gaza, while seeking a way to release hostages held by Hamas.A U.S. ban of TikTok might hurt Oracle's business, the software company acknowledged in its annual report on Monday. In April, President Joe Biden signed a bill d ...

Oracle recognized based on its Ability to Execute and Completeness of VisionAUSTIN, Texas, June 24, 2024 /PRNewswire/ -- Oracle has been named a Leader in the 2024 Gartner® Magic Quadrant™ for Analytics and Business Intelligence Platforms. Oracle was recognized based on its Ability to Execute and Completeness of Vision. A complimentary copy of the report is available here."Data growth continues unabated, and with it, the demand for data and AI-enabled decision making. The AI-powered Oracle Analytics Cloud i ...

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