Oracle’s New Leap: Introducing Generative AI to Cloud Services | National News
Oracle, a major player in cloud infrastructure, is expanding its artificial intelligence offerings by introducing generative AI capabilities, aiming to meet the surging demand as businesses increasingly rely on cloud services. This strategic move enhances Oracle’s traditional AI functions, which excelled in pattern detection and predictive analytics but lacked the ability to articulate predictions through large language models. Now, Oracle’s AI can not only predict numbers but also provide explanations in natural language, a significant advancement for AI applications. In March, the company rolled out additional generative AI features across various domains, including finance, supply chain, and service applications, showcasing Oracle’s commitment to staying at the forefront of technology innovation. Although Oracle’s stock has seen a slight decrease recently, the company’s chart indicates a strong position in the market. This development is set to offer businesses powerful tools that combine predictive analytics with enhanced explainability, contributing to smarter decision-making processes and operational efficiencies.