Oracle has added new generative artificial intelligence (AI) capabilities to the Fusion Cloud Applications Suite.
“The latest AI additions include new generative AI capabilities built into existing business workflows across finance, supply chain, human resources, sales, marketing, and service,” the software company said Thursday (March 14). stated in a press release.
Additionally, this rollout includes enhancements to the Oracle Guided Journeys extensibility framework that enables customers and partners to incorporate more generative AI capabilities with each release.
The product is built using Oracle's cloud infrastructure, and the company says customer data is never shared with large-scale language model (LLM) providers or seen by other customers. .
“Additionally, individual customers are the only entities permitted to use custom models trained on their data,” the company said. “To further protect sensitive information, role-based security is built directly into Oracle Fusion Applications workflows, recommending only the content end users have the right to see.”
As PYMNTS wrote earlier this week in a review of research in PYMNTS' “AI Effect” series, this comes as generative AI shows the potential to change the way people and companies interact with computers at work. An announcement was made.
“Computers can now act like humans. They can speak, write, and communicate as clearly as humans,” said Beerud, CEO of conversational AI platform Gupshup. Sheth said in an interview with PYMNTS.
“Throughout history, no one thought bulldozers could behave like humans, fire, or any previous invention. AI will energize society in ways no other technology has been able to do before. I did.”
The report also notes that generative AI offers a wide range of applications and speed that exceeds the ability of previous AI models to automate repetitive tasks and leverage data to make more powerful decisions.
“We always overestimate the first three years of technology and significantly underestimate the 10-year horizon,” Bushel CEO Jake Joraanstad told PYMNTS.
“The ChatGPT light bulb went on in everyone's heads, bringing artificial intelligence and cutting-edge deep learning into the public sphere,” Andy Hock, senior vice president of product and strategy at Cerebras, said in a separate interview. Ta. .
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