Accenture and Oracle Partner on Generative AI for Finance Teams

Accenture and Oracle Partner on Generative AI for Finance Teams

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 to help chief financial officers reinvent financial planning and analysis, optimize operations and fuel growth, the companies said in a Monday (May 6) press release. “Our clients are laser-focused on moving beyond …

Read more

Warren Buffett on AI and Berkshire Hathaway selling Apple stock

Warren Buffett on AI and Berkshire Hathaway selling Apple stock

Warren Buffett’s Berkshire Hathaway reported strong first-quarter earnings as the conglomerate kicked off its annual shareholder conference. Wegovy and Ozempic: Are we ready for weight loss drugs? Omaha, Nebraska-based Berkshire added $21 billion in cash and Treasuries to its pile, bringing it to a record $189 billion last quarter — a 13% increase in just …

Read more

Oracle Cloud Service enables banks to manage climate change risk across portfolios

Oracle Cloud Service enables banks to manage climate change risk across portfolios

Financial institutions are under increased pressure from regulatory bodies to understand their environmental footprint and that of the companies they finance or invest in, otherwise known as financed emissions. To help banks better assess climate risk Oracle today announced Oracle Climate Change Analytics Cloud Service. With built-in AI, the new reporting and analytics solution is …

Read more

US tech giants reviving Japan’s cutting edge

US tech giants reviving Japan’s cutting edge

Blocked from operating and expanding in China, leading American computing and software companies have shifted their focus to Japan, reinforcing a longstanding partnership that is accelerating the recovery of Japan’s technological competitiveness. American tech giants Nvidia, Microsoft and Oracle have all recently announced new investments in data centers and related services in Japan. They have …

Read more

Oracle Intros AI-Powered Anti-Money Laundering Service for Banks

Oracle Intros AI-Powered Anti-Money Laundering Service for Banks

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,” the company said in a Monday (April 8) press release. “Putting Compliance Agent in the hands of financial-crime compliance officers will help enable banks to thwart potential money laundering opportunities more …

Read more

Oracle and Palantir Join Forces to Deliver Mission Critical AI Solutions to Governments and Businesses

Oracle and Palantir Join Forces to Deliver Mission Critical AI Solutions to Governments and Businesses

Joint cloud, data, and AI solutions aim to accelerate decision-making from HQ to the tactical edge Palantir selects Oracle Cloud Infrastructure to enhance efficiency, performance and sovereignty for a wide range of organizations AUSTIN, Texas and DENVER, April 4, 2024 /PRNewswire/ — Oracle and Palantir today announced a partnership to provide secure cloud and AI …

Read more

Cohere Targets $5 Billion Valuation for ChatGPT Rival

Cohere Targets  Billion Valuation for ChatGPT Rival

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 compete with ChatGPT creator OpenAI — at $5 billion, Reuters reported Thursday (March 21), citing a source familiar with the matter. According to that source, Cohere’s annualized revenue run rate has …

Read more

The AMA Emphasizes That BMI Is Only One of Several Useful Tools

The AMA Emphasizes That BMI Is Only One of Several Useful Tools

Subscribe to InnovationRx, your exclusive weekly report on healthcare news, by signing up here. In the 19th century, Adolphe Quetelet, a Belgian astronomer and sociologist, initially developed the concept of the body mass index (BMI) as a means to measure the ratio of height to weight in the “average man,” rather than determining obesity levels. …

Read more

Potential Breakthrough: Scientists May Have Discovered the Root Cause of Long Covid

Potential Breakthrough: Scientists May Have Discovered the Root Cause of Long Covid

InnovationRx provides you with a curated collection of healthcare news every week. To receive it directly in your inbox, subscribe here. getty Doctors are continuously investigating the phenomenon of long Covid, which continues to affect hundreds of thousands, if not millions, of individuals who contracted the virus during the pandemic. The persistent symptoms often result …

Read more