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Oracle touts AI as major driver of Q3 gains

CIO Business Intelligence

Oracle’s latest financial report boasts substantial increases in revenue, net income, and earnings per share, largely thanks to cloud sales, which the company was quick to credit to the rise of AI. In Q4, Oracle will start delivering its completely new Ambulatory Clinic Cloud Application Suite to these same customers,” he noted.

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Amazon vet Dorothy Li joins trucking startup Convoy as CTO, says company is at ‘inflection point’

GeekWire

Convoy is one of a handful of privately-held companies in the Seattle region valued at more than $1 billion, raising $400 million at a $2.7 Last August the company hired former Expedia CEO Mark Okerstrom as president and COO. Last August the company hired former Expedia CEO Mark Okerstrom as president and COO.

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Tech Moves: Ex-Meta infrastructure VP joins Microsoft; DoorDash adds Amazon vet to board

GeekWire

(LinkedIn Photo) Jason Taylor , the former vice president of infrastructure at Meta, joined Microsoft as corporate vice president and deputy CTO for the company’s AI supercomputing efforts. Previously he was CTO at ink2 and founded a gift certificate company called Lucidity in 1999. John Aisien. and Bend, Ore.

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Oracle to boost cloud investments after a strong quarter

CIO Business Intelligence

The demand for cloud infrastructure combined with the rise in sales of SaaS services boosted Oracle’s fourth quarter revenue for fiscal year 2022, but the acquisition of healthcare tech company Cerner has chalked up a debt of $15.8 Riding on the tailwinds of its previous quarter , Oracle reported total revenue of $11.8

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Tech Moves: Microsoft vet named CEO at EnterpriseDB; Adaptive CCO departs; Temporal hires ex-Hashicorp EVP

GeekWire

based enterprise software company EnterpriseDB (EDB). Later, he became a senior advisor at TPG, leading its portfolio company Wind River as CEO and overseeing its $3.5 Founded in 2004, the company makes software to help enterprises use Postgres, an open-source database. billion acquisition by Aptiv in 2022.

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Tech Moves: Tanium hires CFO; Utrip founder launches VC firm; AWS IoT exec joins Siemens

GeekWire

In January, the company raised $150 million , bringing total funding to date past $1 billion. Microsoft and Amazon veteran Dirk Didascalou has been appointed the first CTO of Siemens Digital Industries, a business unit of the German multinational company. Guzmán was previously VP of local for media technology company WhereBy.Us

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Oracle’s Larry Ellison looks to one-up Amazon, offering full cloud inside customer data centers

GeekWire

Oracle founder CTO Larry Ellison. Oracle photo). Oracle unveiled a new service that promises to make all of its public cloud services available as a fully managed cloud region in its customers’ data centers, developed by an Oracle team based largely in the company’s Seattle engineering office.