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Stock impact report

Oracle Announces Industry First In-Database LLMs and an Automated In-Database Vector Store with HeatWave GenAI [Yahoo! Finance]

Oracle Corporation (ORCL) 
Last oracle corporation earnings: 3/12 04:02 pm Check Earnings Report
Company Research Source: Yahoo! Finance
HeatWave GenAI is 30X faster than Snowflake, 18X faster than Google BigQuery, and 15X faster than Databricks for vector processing AUSTIN, Texas June 26, 2024 /PRNewswire/ -- Oracle today announced the general availability of HeatWave GenAI , which includes the industry's first in-database large language models (LLMs), an automated in-database vector store, scale-out vector processing, and the ability to have contextual conversations in natural language informed by unstructured content. These new capabilities enable customers to bring the power of generative AI to their enterprise data—without requiring AI expertise or having to move data to a separate vector database. HeatWave GenAI is available immediately in all Oracle Cloud regions, Oracle Cloud Infrastructure (OCI) Dedicated Region, and across clouds at no extra cost to HeatWave customers. With HeatWave GenAI, developers can create a vector store for enterprise unstructured content with a single SQL command, using built-in e Show less Read more
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