Oracle partners with Palantir to offer AI solutions, enhancing data utilization for defense sector

From Nasdaq: 2024-04-05 12:18:00

Oracle and Palantir have partnered to offer secure cloud and AI solutions. Palantir will transition its Foundry workloads to Oracle Cloud Infrastructure for better data utilization. Oracle’s extensive cloud reach and secure AI capabilities will enhance decision-making processes. The partnership aims to deliver powerful capabilities to the defense sector.

Oracle and its subsidiary, NetSuite, have made advancements in AI with solutions like Analytics Warehouse Multi-Instance Connector and Text Enhance. AI features in Oracle Fusion Data Intelligence aim to aid cloud services and license revenues, with projected growth in 2024. Oracle faces competition from Salesforce and Microsoft in the AI cloud market.

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