India is making significant strides in the field of quantum computing, with the second-highest number of open access quantum computing users in the world after the U.S. According to Jay Gambetta, vice president of IBM Quantum, there are about 77,000 users in the country. In an interview with ET, Gambetta highlighted the immense opportunities for … Read more
Wpromote, an independent marketing agency, has appointed Megan McDonagh as its first marketing director. McDonagh brings over 20 years of experience in the high-tech industry, previously holding leadership roles at Intel. She will oversee the marketing team, develop new go-to-market strategies, and collaborate with the SVP and Head of Sales, David Gensler, to enhance the … Read more
Oracle Corporation’s Chief Corporate Architect, Edward Screven, recently sold 37,221 shares of the company’s stock at an average price of $140.1911 per share, totaling around $5.2 million. This insider transaction, disclosed in a Form 4 filing with the SEC on June 27, reduced Screven’s direct holdings in Oracle. He also exercised options to acquire 37,221 … Read more
Generative artificial intelligence (AI) is set to revolutionize the food industry, according to Amazon executive Justin Honaman, who spoke at the “Generative AI Food Pioneers Summit.” Honaman stressed the importance of adapting to this new technology to avoid being left behind in the industry, noting that many companies fail due to a lack of innovation. … Read more
Oracle is set to release its AI-powered generative clinical assistant in the next quarter, entering a competitive market focused on reducing paperwork burden for healthcare providers. The tool was first showcased in September, but its release has been delayed compared to other similar software options already available with generative AI capabilities. The company has been … Read more
Edward Screven, Chief Corporate Architect at Oracle, exercised stock options for 37,221 ORCL shares with an exercise price of $40.47. The shares are currently valued at $142.63 each, totaling $3,802,378. Oracle, a leading IT company founded in 1977, provides database technology and enterprise software to 430,000 customers globally. In terms of financial performance, Oracle saw … Read more
Former Google executive David Drummond has made a recent investment in the wine industry by purchasing the Idlewild and Armida wineries. This move marks a significant shift in Drummond’s career, as he transitions from the tech world into the world of winemaking. Idlewild Winery, located in Mendocino County, is known for its high-quality handcrafted wines … Read more
In the world of tech, notable movements include the departure of a Google executive, a new hire in engineering leadership at Syndio, and the resignation of JPMorgan’s CTO from F5’s board. These changes highlight the dynamic nature of the industry and the shifting roles and responsibilities of key players. The departure of the Google executive … Read more
Oracle Hospitality is slowly incorporating AI advancements into its hotel technology products, with Vice President Laura Calin sharing the company’s roadmap for artificial intelligence updates at the recent Hitec hospitality technology convention. The updates will be delivered through Opera Cloud Central, a multi-system platform that Oracle began selling last year as an expansion of its … Read more
Oracle Hospitality is focused on integrating artificial intelligence into its hotel technology products, with a strong roadmap ahead to implement new advancements. The company has been gradually transferring thousands of hotels to its cloud-based system, Opera Cloud Central, which has received positive feedback from customers like Scandic Hotels Group, Thon Hotels, and Red Sea Global. … Read more