Oracle Corp Stock Price, News & Analysis

Uber, the world's largest on-demand mobility and delivery platform, has chosen Oracle Cloud Infrastructure (OCI) to support its rapid growth and handle over one million trips per hour. Since selecting Oracle in 2023, Uber has begun migrating thousands of microservices, multiple data storage platforms, and dozens of AI models to OCI. This collaboration has enabled Uber to innovate faster while managing infrastructure costs.

Uber has achieved significant scale and efficiency by migrating its application trip-serving requests to OCI Compute with AMD and converting stateless workloads to run on OCI Compute with Ampere Arm. The company also leverages OCI AI infrastructure to power the inferencing of numerous AI models, optimizing cost, throughput, and latency for its AI services. Additionally, Uber has migrated a portion of its big data Hadoop environment to OCI Object Storage, allowing for nearly unlimited storage capacity with high durability.

WideLabs, a Brazilian AI startup, has chosen Oracle Cloud Infrastructure (OCI) to train and fine-tune one of Brazil's largest large language models (LLMs). The company developed bAIgrapher, an application using its LLM to generate biographical content for Alzheimer's patients based on collected data. WideLabs utilizes the Oracle Cloud São Paulo Region for AI sovereignty, ensuring sensitive data remains within Brazilian borders.

The startup leverages OCI AI infrastructure with NVIDIA H100 GPUs for training LLMs and Oracle Kubernetes Engine for managing GPU-accelerated containers. This setup enables WideLabs to create innovative healthcare solutions, particularly in reminiscence therapy for cognitive decline patients. The collaboration showcases Oracle's commitment to providing AI infrastructure and GPUs to organizations across Latin America, fostering innovation in healthcare and other sectors.

Oracle has launched Oracle Energy and Water Data Intelligence, a new data unification, analytics, and AI solution for utilities. This solution extends Oracle's applications by integrating data from Oracle and third-party sources, providing utilities with a comprehensive view of their operations. Key features include:

1. Pre-built, industry-specific insights for faster decision-making
2. Self-service machine learning model development
3. Combination of Oracle Fusion Data Intelligence, Oracle Analytics Cloud, and Oracle Cloud Infrastructure
4. Access to a growing library of insights via extensible dashboards and reports
5. Hundreds of industry-specific insights for energy and water businesses
6. Prebuilt data pipelines to reduce time to value

The solution aims to help utilities manage complex networks, serve customers better, and focus on strategic initiatives rather than integration projects.

Oracle has announced the general availability of OCI Generative AI Agents with retrieval-augmented generation (RAG) capabilities. This fully managed RAG service supports Oracle Database 23ai AI Vector Search without manual integration, enabling customers to efficiently leverage their enterprise data. The service now includes access to Meta's Llama 3.1 models and Cohere Command R and R+ models.

Key use cases for OCI GenAI Agents include call center optimization, legal research expedition, revenue intelligence, and recruitment assistance. Oracle has also introduced AI innovations to OCI Generative AI, OCI Data Science, OCI Language, OCI Document Understanding, OCI Vision, OCI Speech, and Oracle Code Assist, enhancing capabilities across various domains.

Oracle has unveiled generative development (GenDev) for enterprises, an AI-centric application development infrastructure. This groundbreaking technology leverages Oracle Database 23ai to accelerate AI benefits while mitigating risks. Key features include:

1. JSON Relational Duality Views
2. AI Vector Search
3. APEX integration

GenDev simplifies data complexity and enforces application data rules at the data layer. Oracle Autonomous Database on 23ai is now available in Oracle Cloud Infrastructure and Oracle Database@Azure, offering new capabilities such as:

• RAG and AI Vector Search for more precise LLM responses
• Broader LLM support (Google Gemini, Anthropic Claude, Hugging Face)
• NVIDIA GPU support for AI data operations
• Data Studio AI and Graph Studio enhancements
• Autonomous Database for Developers with flexible pricing options

Oracle has introduced Oracle Cloud Infrastructure Zero Trust Packet Routing (OCI ZPR), a groundbreaking security feature integrated into the OCI network fabric. This innovation separates network security from network architecture, addressing a major vulnerability in cloud security. OCI ZPR allows organizations to:

1. Set security attributes on resources
2. Write natural language policies to limit network traffic
3. Safeguard against network misconfigurations

Key benefits include improved security posture, streamlined compliance, and simplified security management. OCI is the first cloud provider to implement this new standard, which aims to prevent data breaches resulting from human error and unauthorized access based solely on compromised credentials.

Oracle has announced new AI capabilities to accelerate application development on Oracle Cloud Infrastructure (OCI). Key highlights include:

• Oracle Code Assist: An AI code companion now in beta, offering intelligent suggestions for various programming languages.
• OCI Kubernetes Engine (OKE) enhancements: Optimizing AI workload training, deployment, and management at scale.
• Java optimization: Helping developers build new and update legacy Java applications.
• Ubuntu support: Simplifying GPU-based workload deployment for MLOps teams.
• Security enhancements: Including Oracle Cloud Guard Container Security and OCI Logging Analytics integration.

These capabilities aim to boost developer productivity, reduce time spent on mundane tasks, and streamline AI workload management on OCI.

Oracle has announced plans to deliver Oracle Intelligent Data Lake as part of its Oracle Data Intelligence Platform. This new component, expected to enter availability in 2025, will expand the platform's capabilities by integrating with Oracle Autonomous Data Warehouse, Oracle Analytics Cloud, and other services. The Intelligent Data Lake will feature open data formats, a unified catalog, and modern developer experiences for building data intelligence solutions.

Key features of the platform will include generative AI-powered experiences, improved data integration, and native integrations with Oracle portfolios and open source standards. Oracle also announced the availability of the Oracle Analytics Cloud AI Assistant, which translates natural language into actions, and new innovations to Autonomous Database, including Select AI with RAG support and GPU support for OML Notebooks offload.

Oracle has announced new AI-powered capabilities for Oracle Fusion Data Intelligence, designed to help organizations maximize value from their data assets. The updates include intelligent applications for Oracle Fusion Cloud Human Capital Management (HCM) and Oracle Fusion Cloud Supply Chain & Manufacturing (SCM). These applications go beyond traditional analytics by recommending actions to users in critical day-to-day workstreams.

Key features include the People Leader Workbench for HCM and the Supply Chain Command Center for SCM. The platform now offers native support for Salesforce CRM, operational reporting, new AI/ML features for ERP, HCM, SCM, and CX analytics, and an AI-powered Developer Assistant. These enhancements aim to accelerate decision-making processes and provide deeper insights for businesses.