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Oracle touts AI as major driver of Q3 gains

CIO Business Intelligence

The report for Q3 of fiscal 2024, released yesterday, said that Oracle had signed multiple large-scale cloud infrastructure contracts in the previous three months, with no end in sight, as CEO Safra Catz touted the company’s bright prospects in cloud. “We

Oracle 98
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Tech Moves: Top Blue Origin engineer joins SpaceX; Axon hires HTC Vive exec; Porch adds to board

GeekWire

billion contract to return astronauts to the moon. Seattle-based home services technology company Porch Group added two new board members : Imagination Capital co-founder and Managing Partner Rachel Lam , and former Aviva plc Group CEO Maurice Tulloch. Microsoft Photo). Read the story. Lisa Nelson. Athira Photos). Lessen Photo).

CTO Hire 129
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5 ways to maximize your cloud investment

CIO Business Intelligence

Be strategic with reserve pricing Reserve pricing for cloud services can reduce resource usage costs by as much as 70%, says David McKee, who in his role as fractional CTO, tech founder, and digital twins thought leader at Counterpoint Technologies acts as a part-time CTO for nine companies in the US and Europe.

Cloud 124
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CIOs sharpen cloud cost strategies — just as gen AI spikes loom

CIO Business Intelligence

After being in cloud and leveraging it better, we are able to manage compute and storage better ourselves,” said the CIO, who notes that vendors are not cutting costs on licenses or capacity but are offering more guidance and tools. I strike this language from all my contracts.”

Strategy 140
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Expanding the Cloud for Windows Developers - All Things Distributed

All Things Distributed

s announcement of Amazon RDS for Microsoft SQL Server and.NET support for AWS Elastic Beanstalk marks another important step in our commitment to increase the flexibility for AWS customers to use the choice of operating system, programming language, development tools and database software that meet their application requirements. Comments ().

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The year’s top 10 enterprise AI trends — so far

CIO Business Intelligence

The world has flipped since 2022,” says David McCurdy, chief enterprise architect and CTO at Insight. You now have the ability to jump over processes that have existed for years, sometimes decades, because of generative technology.” Then, in July, Meta’s Llama 2 came out, and this time, it was licensed for commercial use.

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Regulatory uncertainty overshadows gen AI despite pace of adoption

CIO Business Intelligence

Several gen AI vendors, including OpenAI, Microsoft, Midjourney, Stable Diffusion, and others, have had suits filed against them. You need to know where the data’s coming from, how it’s transformed, and what the outputs are,” says Nick Amabile, CEO at DAS42, a data consulting firm. Then there are the lawsuits. AI is a black box.