Latest news with #ClayMagouyrk
Channel Post MEA
a day ago
- Business
- Channel Post MEA
Oracle Integrates Google's Gemini AI
Oracle and Google Cloud have expanded their partnership to offer customers access to Google's most advanced AI models, starting with Gemini 2.5, via Oracle Cloud Infrastructure (OCI) Generative AI service. Oracle customers can now utilize the latest Gemini models to build AI agents for a wide range of use cases including multimodal understanding, advanced coding and software development tasks, productivity and workflow automation, and research and knowledge retrieval. Oracle plans to make Google's entire range of Gemini models available via OCI Generative AI service through new integrations with Vertex AI, including cutting edge models for video, image, speech, and music generation and specialized industry models like MedLM. In the future, Oracle will collaborate with Google Cloud to make Gemini models via Vertex AI available as an option within Oracle Fusion Cloud Applications, providing customers with a broader choice to enhance workflows in finance, HR, supply chain, sales, service, and marketing. Oracle customers can use their existing Oracle Universal Credits to start leveraging Google's Gemini models. 'Today, leading enterprises are using Gemini to power AI agents across a range of use cases and industries,' said Thomas Kurian, CEO, Google Cloud. 'Now, Oracle customers can access our leading models from within their Oracle environments, making it even easier for them to begin deploying powerful AI agents that can support developers, streamline data integration tasks, and much more.' Google's Gemini models excel in enterprise use cases thanks to their ability to ground responses in up-to-date Google Search data for accuracy, large context windows, strong encryption and data privacy policies, and leading reasoning abilities. 'Oracle has been intentional in offering model choice curated for the enterprise, spanning open and proprietary models,' said Clay Magouyrk, president, Oracle Cloud Infrastructure. 'The availability of Gemini on OCI Generative AI service highlights our focus on delivering powerful, secure, and cost-effective AI solutions that help customers drive innovation and achieve their business goals.' Oracle brings leading-edge AI technology close to enterprise data and prioritizes security, adaptability, and scalability. This helps customers across industries apply the right AI technologies, including generative and agentic AI, to the right business scenarios for immediate results. In addition, thousands of AI innovators are leveraging OCI's cost-effective, purpose-built AI capabilities to run the most demanding AI workloads faster. OCI bare metal GPU instances can power applications for generative AI, natural language processing, computer vision, and recommendation systems.
Business Insider
2 days ago
- Business
- Business Insider
Oracle Stock (ORCL) Soars as it Seals Gemini AI Deal With Alphabet
Oracle (ORCL) stock was higher today after striking a deal with Alphabet (GOOGL) over the use of Google's Gemini artificial intelligence models. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. It means that Gemini will now be offered through Oracle's cloud computing services and business applications. Corporate Tools Businesses that use Oracle's various applications for corporate finances, human resources and supply chain planning will now also be able to choose to use Google's models inside those apps. Those Oracle customers will be able to pay for the Google AI technologies using the same system of Oracle cloud credits they use to pay for Oracle services. The two companies did not disclose what, if any, payments will flow between them as part of the deal. The deal is similar to one that Oracle struck with Elon Musk's xAI back in June, and will let software developers tap Google's models to generate text, video, images and audio while using Oracle's cloud. Oracle plans to make Google's entire range of Gemini models available via the OCI Generative AI service through new integrations with Vertex AI, including cutting-edge models for video, image, speech, and music generation and specialized industry models like MedLM. In the future, Oracle will collaborate with Google Cloud to make Gemini models via Vertex AI available as an option within Oracle Fusion Cloud Applications, providing customers with an opportunity to enhance workflows in finance, HR, supply chain, sales, service, and marketing. AI Drive 'Oracle has been intentional in offering model choice curated for the enterprise, spanning open and proprietary models,' said Clay Magouyrk, president, Oracle Cloud Infrastructure. 'The availability of Gemini on OCI Generative AI service highlights our focus on delivering powerful, secure, and cost-effective AI solutions that help customers drive innovation and achieve their business goals.' For Oracle, the move advances the company's strategy of offering a menu of AI options to its customers rather than trying to push its own technology. It is already a huge player in the cloud services market. It's also a plus for Google as it looks to expand the reach of its cloud offerings and take corporate customers away from rivals such as Microsoft (MSFT). Is ORCL a Good Stock to Buy Now? On TipRanks, ORCL has a Moderate Buy consensus based on 24 Buy and 10 Hold ratings. Its highest price target is $325. ORCL stock's consensus price target is $244.66, implying a 1.11% downside.
Techday NZ
2 days ago
- Business
- Techday NZ
Oracle & Google Cloud boost AI with Gemini model access
Oracle and Google Cloud have expanded their partnership to provide Oracle customers with direct access to Google's Gemini AI models through the Oracle Cloud Infrastructure Generative AI service. The collaboration gives Oracle customers the ability to leverage Gemini 2.5 and its upcoming model family for enterprise-grade applications, including advanced coding, workflow automation, and domain-specific solutions such as MedLM for healthcare. Expanded AI offerings Through the integration, enterprises will have the opportunity to use Gemini's multimodal capabilities, enabling applications that can handle text, code, and industry-specific tasks. Oracle plans further integrations with Google Cloud's Vertex AI, which will make the entire Gemini model suite - including video, image, speech, and music generation - accessible within Oracle Fusion Cloud Applications across various departments such as finance, HR, supply chain, sales, service, and marketing. Oracle customers will also be able to deploy Gemini models using their existing Oracle Universal Credits, potentially simplifying adoption and controlling costs. Use cases and industry impact Gemini models are designed to provide accuracy and performance for enterprise use cases, partly due to their grounding in up-to-date Google Search data, large context windows, and data privacy features. The models can be used for knowledge retrieval, productivity tools, advanced software development, and sector-specific solutions. Specialised industry models like MedLM for healthcare are among the offerings expected for future integration. The presence of these models within existing Oracle platforms aims to streamline the adoption of AI across industries, supporting teams in tasks that range from automating business processes to building AI-powered agents. Customer access and integration With the expanded partnership, Oracle states customers will have more flexibility and choice over the models they use. As future integrations are developed, customers will be able to select from a range of Gemini models via Vertex AI, directly within Oracle's cloud applications ecosystem. "Today, leading enterprises are using Gemini to power AI agents across a range of use cases and industries," said Thomas Kurian, CEO, Google Cloud. "Now, Oracle customers can access our leading models from within their Oracle environments, making it even easier for them to begin deploying powerful AI agents that can support developers, streamline data integration tasks, and much more." Google's Gemini models have been cited for their enterprise suitability due to features such as encryption, privacy controls, and reasoning abilities. Clay Magouyrk, President, Oracle Cloud Infrastructure, stated, "Oracle has been intentional in offering model choice curated for the enterprise, spanning open and proprietary models. The availability of Gemini on OCI Generative AI service highlights our focus on delivering powerful, secure, and cost-effective AI solutions that help customers drive innovation and achieve their business goals." Performance and scalability Oracle continues to position its infrastructure as a foundation for running intensive AI workloads. According to the companies, Oracle Cloud Infrastructure offers specialised, cost-effective GPU instances suitable for applications in generative AI, natural language processing, computer vision, and recommender systems. The collaboration is described as a means for customers to apply generative and agentic AI to business needs, with a focus on meeting enterprise requirements for security, adaptability, and performance. Through this partnership, both companies aim to facilitate the deployment of multimodal and AI agent technologies in a broad range of enterprise scenarios.
Techday NZ
2 days ago
- Business
- Techday NZ
Oracle & Google Cloud partner to deliver Gemini AI on OCI
Oracle and Google Cloud have reached a new agreement to provide Google's Gemini artificial intelligence models through Oracle Cloud Infrastructure for enterprise customers. This collaboration means developers and businesses in the UK and elsewhere can now access Gemini's text, image, video and audio capabilities directly through Oracle's cloud platform. Oracle customers will be able to use their existing Oracle Cloud credits for Google AI services and integrate advanced AI capabilities into their existing workflows without needing to move between different platforms. The launch follows Oracle's previously announced partnership with xAI and extends Oracle's approach of providing a selection of AI models to customers. The new partnership also offers Google Cloud a greater presence in the enterprise market, where Oracle's cloud services are widely used for business-critical applications and data. Gemini models via Oracle Oracle has stated it will make the full range of Google's Gemini models available through its Generative AI service, starting with the Gemini 2.5 model. Integration with Google's Vertex AI platform will expand support to include advanced models for video, image, speech, music generation, and specialised industry use cases such as MedLM. The companies plan to integrate Gemini with Oracle Fusion Cloud Applications in the future, providing customers the option to incorporate these models into workflows across finance, HR, supply chain, sales, service, and marketing processes. To facilitate adoption, Oracle customers can access Google's Gemini models using their existing Oracle Universal Credits. "Today, leading enterprises are using Gemini to power AI agents across a range of use cases and industries. Now, Oracle customers can access our leading models from within their Oracle environments, making it even easier for them to begin deploying powerful AI agents that can support developers, streamline data integration tasks, and much more," said Thomas Kurian, CEO, Google Cloud. Google Cloud highlights Gemini's capacity for grounding outputs in up-to-date Google Search data for greater response accuracy, as well as support for large context windows, robust encryption, and data privacy. According to the company, these features support reasoning abilities suitable for complex enterprise needs. Model choice and security focus Clay Magouyrk, President, Oracle Cloud Infrastructure, said, "Oracle has been intentional in offering model choice curated for the enterprise, spanning open and proprietary models. The availability of Gemini on OCI Generative AI service highlights our focus on delivering powerful, secure, and cost-effective AI solutions that help customers drive innovation and achieve their business goals." Oracle's approach brings AI technologies closer to customer data with a focus on enterprise security, adaptability, and scalability. The availability of Google Cloud's Gemini models is set to support customers across different industries seeking to apply generative and agentic AI solutions to business scenarios for immediate results. Thousands of organisations already use Oracle Cloud Infrastructure's AI tools to handle demanding workloads, including applications for generative AI, natural language processing, computer vision, and recommendation systems. High-performance GPU instances on Oracle's infrastructure support these advanced AI applications. This partnership builds on Oracle's wider AI strategy and expands the options for Oracle customers seeking to deploy generative AI without moving their data or applications to other platforms. It reinforces Oracle's positioning for enterprises that wish to access both proprietary and open AI models with a single provider. The collaboration also extends the reach of Google Cloud's AI services into the Oracle enterprise ecosystem.
