PYMNTS-MonitorEdge-May-2024

oracle

AI Money: Nvidia Soars, Oracle Invests $1B in Spain
AI Money: Nvidia Soars, Oracle Invests $1B in Spain
June 20, 2024  |  artificial intelligence

In a week of seismic shifts in the tech industry, Nvidia has claimed the title of world’s most valuable company, surpassing a $3 trillion market...

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AI Money: Broadcom, Oracle and Samsung Unveil Strategies to Dominate AI Market
AI Money: Broadcom, Oracle and Samsung Unveil Strategies to Dominate AI Market
June 13, 2024  |  Artificial Intelligence

The artificial intelligence boom is reshaping the technology landscape as industry giants Broadcom, Oracle and Samsung make moves to capitalize on the demand for AI...

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Report: Oracle Health Facing Challenges Modernizing Outdated Systems
Report: Oracle Health Facing Challenges Modernizing Outdated Systems
May 09, 2024  |  Healthcare

Oracle has reportedly encountered obstacles in its ambitious plans for electronic medical records company Cerner, which it acquired for $28 billion in December 2021. The company has lost...

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Tech Giants Intensify AI Investments to Strengthen Connected Economy
Tech Giants Intensify AI Investments to Strengthen Connected Economy
May 06, 2024  |  artificial intelligence

As businesses seek to strengthen the connected economy, they are harnessing artificial intelligence (AI) to bolster security measures and combat the ever-evolving landscape of sophisticated...

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Accenture and Oracle Partner on Generative AI for Finance Teams
Accenture and Oracle Partner on Generative AI for Finance Teams
May 06, 2024  |  Partnerships

Accenture and Oracle expanded their partnership to help clients accelerate their adoption of generative artificial intelligence in the finance organization. The new solutions offered through this collaboration aim...

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Oracle Adds AI-Powered Vector Search to Converged Database
Oracle Adds AI-Powered Vector Search to Converged Database
May 02, 2024  |  artificial intelligence

Oracle, a provider of integrated suites of applications and secure infrastructure in the Oracle Cloud, has introduced Oracle Database 23ai.  This latest release of Oracle’s converged...

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Oracle Introduces AI-Powered Anti-Money Laundering Service for Banks
Oracle Introduces AI-Powered Anti-Money Laundering Service for Banks
April 08, 2024  |  AML

Oracle Financial Services introduced an artificial intelligence-powered cloud service that helps banks mitigate anti-money laundering (AML) risks. The new Oracle Financial Services Compliance Agent “identifies and remediates vulnerabilities,”...

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Cohere Targets $5 Billion Valuation for ChatGPT Rival
Cohere Targets $5 Billion Valuation for ChatGPT Rival
March 21, 2024  |  artificial intelligence

Canadian artificial intelligence (AI) startup Cohere is reportedly in advanced discussions to raise $500 million. That funding would value the company — which makes foundation models to...

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CE 100 Index Gives Up 1.2%, Led by Zillow’s Share Slide
CE 100 Index Gives Up 1.2%, Led by Zillow’s Share Slide
March 18, 2024  |  Connected Economy

The CE 100 Index lost 1.2% as the end of earnings season is in sight. Year to date, the Index has trailed several of the...

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