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Tech giant Oracle recently announced the launch of HeatWave GenAI cloud service, an innovative product designed to offer comprehensive generative AI and machine learning solutions to enterprises. This service integrates multiple advanced features, including in-database large language models, enabling automated analysis at transaction and Lakehouse scale. The core advantage of HeatWave GenAI lies in its accessibility and ease of use. Enterprise customers can apply generative AI technology to thei

American tech giant Oracle predicted on Tuesday that it will achieve double-digit revenue growth by fiscal year 2025, exceeding analysts' expectations, driven by strong demand for its AI cloud services. Following the announcement, the company's stock rose 9% after hours. Oracle also announced partnerships with OpenAI, the maker of ChatGPT, and Google Cloud to expand its own cloud infrastructure to clients.