Cohere, an AI foundation model company that competes with Microsoft-backed OpenAI, said it has raised $270 million in a funding round from investors including Nvidia, Oracle and Salesforce Ventures, according to Reuters report. The announcement confirmed the long-rumored funding for the Toronto-based AI startup, which focuses on building AI models for enterprise customers. Cohere didn’t disclose its…
Oracle Corporation and Cerner Corporation jointly announced an agreement for Oracle to acquire Cerner through an all-cash tender offer for $95.00 per share, or approximately $28.3 billion in equity value. Cerner is a provider of digital information systems used within hospitals and health systems to enable medical professionals to deliver better healthcare to individual patients and communities. “Working together, Cerner…
Oracle and Bharti Airtel, India’s premier communications solutions provider, have extended their partnership to support the growth of India’s digital economy by bringing a range of industry leading cloud solutions to more than 1 million enterprise customers, according to an announcement. The announcement said, “To support the increasing demand for cloud services in India, Oracle…
Rimini Street, Inc., a global provider of enterprise software products and services, the third-party support provider for Oracle and SAP software products and a Salesforce partner, has appointed Eric Helmer as its chief technology officer (CTO) and announced the establishment of the Office of the Chief Technology Officer (OCTO). As CTO at Rimini Street, Helmer…
Oracle has announced plans to expand its cloud region footprint to support customer demand for Oracle Cloud services worldwide. The company said in a statement, “over the next year, Oracle will open 14 cloud regions with new locations across Europe, the Middle East, Asia Pacific, and Latin America. Upcoming cloud regions include Milan (Italy), Stockholm…
OpenTeQ, a Global Digital solutions & IT services firm, has joined hands with Microsoft & Oracle to accelerate digital transformation. A statement made by the company informed, “This partnership enables OpenTeQ to deliver a customized, highly optimized, best-of-both-clouds experience with their enterprise solutions. OpenTeQ can now create cross-cloud solutions including multi-application cloud deployment and integration,…
The National Institute of Allergy and Infectious Diseases (NIAID), part of the National Institutes of Health (NIH), announced that it has recently established the COVID-19 Prevention Network (CoVPN). Its goal is to register millions of volunteers for large-scale clinical testing of vaccines and monoclonal antibodies intended to protect people from COVID-19. As part of this…
Oracle, an American multinational computer technology corporation that sells database software and technology, cloud engineered systems, and enterprise software products, announced the availability of Oracle Analytics for Cloud HCM, which provides HR executives, analysts, and line-of-business leaders with deeper insights into workforce management by enabling a comprehensive view into data from across the organization. The…
Oracle announced that Dr. Vishal Sikka, founder and CEO of the AI company Vianai Systems, has been named to Oracle’s Board of Directors. Before starting Vianai, Vishal was a top executive at SAP and the CEO of Infosys. “The digital transformation of an enterprise is enabled by the rapid adoption of modern cloud applications and…
Accenture, the global management consulting and professional services firm, on Sunday, announced the acquisition of DAZ Systems, Inc., a provider of Oracle ERP Cloud services. Headquartered in El Segundo, California, DAZ was founded in 1995. “DAZ has extensive experience implementing Oracle Cloud solutions, which complements Accenture’s established credentials across the Oracle Cloud portfolio,” said Bhaskar Ghosh,…