Mrudula R.’s Post

Oracle Plans To Increase Investments In India, Focus On AI & Data 📈 Amid the generative artificial intelligence (Gen AI) boom, US-based tech giant Oracle is planning to increase its investments in India on AI and data. “Oracle brings AI to the enterprise in software-as-a-service (SaaS) applications, AI services, data, and infrastructure,” Christopher G. Chelliah, senior VP of technology and customer strategy at Oracle Japan and Asia Pacific, was quoted as saying by the Financial Express. He said Oracle wants to double down on its investments in India, with a focus on data. 👉 Oracle wants to double down on its investments in India, with a focus on data, the company’s senior VP of technology and customer strategy at Oracle Japan and Asia Pacific said 👉 Oracle is anticipated to invest about $10 Bn towards setting up new data centres as part of its global AI expansion plans 👉 The development comes at a time when the adoption of AI is on the rise in India and a number of tech giants like Microsoft and Meta are looking to set up data centres in the country Meanwhile, Oracle is anticipated to invest about $10 Bn towards setting up new data centres as part of its global AI expansion plans. The development comes at a time when a number of global big tech giants as well as Indian companies are setting up data centres in India. Meanwhile, the adoption of AI, GenAI in particular, has been on the rise in the country. While India is home to a number of AI startups, these startups are also seeing increasing interest from investors. Tech magnate Azim Premji’s fund Premji Invest is planning to double down on its investments in AI companies. As per an Inc42 report, India’s GenAI market is estimated to grow at a CAGR of 48% to reach a size of $17 Bn by 2030 from $1.1 Bn in 2023. Share your thoughts in the comments, Will Oracle beat its competition and capture good market share? #startup #ai #generativeai #oracle #linklden

#Update Oracle is going big on AI in India! The tech company plans to double down on its investments in artificial intelligence there. This move follows through on their previous goal of helping Indian businesses develop AI models. They aim to provide a comprehensive AI toolkit for enterprises, including software applications, data analysis tools, and the infrastructure to run it all. Sunil Wahi, Vice-President of APAC Solution Engineering, Applications, Oracle Christopher G. Chelliah, senior VP of technology and customer strategy at Oracle Japan and Asia Pacific Read: https://ow.ly/BsA650RBbq2 #Innovation #BusinessTech #TechNews #ArtificialIntelligence #AIInfrastructure #EnterpriseAI #DataAnalysis #TechInvestment #AIIndia #OracleAI

India is pushing ambitions to become a leading #artificialintelligence hub as Big Tech groups such as Microsoft and Amazon prepare to spend billions on #computinginfrastructure in the country in a race to dominate the burgeoning industry. Authorities have offered #incentives for tech companies to set up everything from electronics manufacturing to data storage. They hope a fast-growing domestic technology market and vast pool of skilled workers will transform the country into a main #consumer and #exporter of AI. #sandinabogados #realestate #datacenter #artificialintelligence #urbanplanning #construction #tax #legal https://lnkd.in/dJCMUR2c

The Gao City Government joins hands with major international manufacturers to organize a new innovation competition to support AI application services Amazon Web Services (AWS) and the Kaohsiung City Government have launched an innovation competition with online registration open until November 6. Selected teams can enter Yawan Innovation Park, receiving support services like technical assistance and marketing exposure. The competition targets startups established within the last eight years, encouraging them to develop AI applications that enhance industries and society, focusing on areas such as smart recommendations, healthcare, and cities. Kaohsiung City's Economic Development Bureau aims to strengthen the local tech landscape through a "dual-axis transformation" strategy emphasizing digital and net-zero transformations. Director Liao Taixiang highlighted the government's dedication to fostering innovation and entrepreneurship, with the goal of attracting top startups to enrich the city's technology ecosystem. The partnership with AWS seeks to promote innovative applications and position Kaohsiung as a technology and innovation hub. To boost startup participation, AWS has enlisted domestic and international strategic partners for resource integration and consulting. The initiative encourages teams to create marketable applications that merge AI with sustainability. Winners will have the chance to establish their operations in Asia Bay Innovation Park, gaining access to AWS resources and those from enterprise partners, facilitating collaboration and expanding business avenues. #AI #Taiwan https://lnkd.in/gWkSu3Qh

Oracle’s $6.5 Billion Bet on AI in Malaysia: Big Moves, Big Impact Oracle is making waves in Southeast Asia with a $6.5 billion investment in cloud computing and AI infrastructure in Malaysia. This bold move aims to accelerate digital transformation across the region, offering scalable, efficient, and accessible technology to businesses of all sizes. Building the Future: Cloud Powerhouses in Malaysia Oracle’s investment includes the development of new data centres, boosting data processing capabilities. For businesses, this means easier access to advanced cloud-based AI without heavy upfront costs. It’s all about making powerful tech available to everyone, from startups to established enterprises. Empowering the Little Guys: A Win for SMEs Oracle’s plan isn’t just about big business—it’s also designed to give small and medium enterprises (SMEs) a leg up. Scalable cloud services mean SMEs can adopt AI, automate processes, and compete on a global scale without breaking the bank. It’s a step towards a more inclusive digital economy where everyone gets to play. Telecoms Get Smart: AI can manage networks, predict problems, and customise user experiences, making life easier for everyone. Smarter Cities, Smoother Services: Government projects can benefit too, with AI supporting everything from public transport to healthcare. Malaysia’s Glow-Up: The Next Tech Hotspot By investing in local infrastructure, Oracle is helping Malaysia become a major tech hub in Southeast Asia. This could attract more multinational companies, boosting economic growth and job creation. It’s not just an investment in tech; it’s an investment in the region’s future. Challenges to Watch: Not All Smooth Sailing While the benefits are clear, there are a few bumps on the road to digital transformation: Whose Data Is It Anyway? Data sovereignty will be a hot topic, as companies navigate where their data is stored and who has control over it. Mind the Skills Gap: For businesses to thrive with AI, workers need the right skills. Upskilling and training are key to making the most of these new tools. Avoiding the Trap of Tech Dependence: Oracle might be expanding, but companies need to ensure they don’t become too dependent on a single provider. Keeping options open is a smart move for the future. Conclusion: A Brighter, More Digital Tomorrow Oracle’s multi-billion-dollar investment is a huge boost for digital transformation in Southeast Asia. By strengthening cloud and AI infrastructure, the company is empowering businesses, driving innovation, and paving the way for growth. Yet, navigating issues like data sovereignty and skills development will be crucial to sustainable success. Stay tuned for more updates on how AI and cloud tech are transforming industries across the globe! #ai #cloudcomputing #businessgrowth #digitaltransformation #oracle #southeastasia

Oracle's Profits Soar Amid AI Demand Surge and Strategic Partnerships #AI #Amazoncom #artificialintelligence #CEO #Cloudcomputing #competitivepricing #earningscall #Economics #Gen2AIinfrastructure #GenerativeAI #innovation #llm #machinelearning #marketcapitalization #Nvidia #Oracle #partnership #profitestimates #quarterlyperformance #RemainingPerformanceObligations #revenuegrowthforecasts #SafraCatz #sharevalue #strategiccollaboration #supplyconstraints #techindustry

Oracle's AI-Powered Future: Insights from CEO Safra Catz 🌟 In a revealing interview, Oracle CEO Safra Catz shares game-changing perspectives on: 🤖 How #AI is fueling Oracle's explosive growth 🤖 Why India is crucial to Oracle's innovation pipeline 🤖 The unique challenge of scaling to meet AI demand Safra's take on AI? "I worry about ensuring enough supply for expansion and not demand." A powerful indicator of AI's transformative impact! 🇮🇳 Spotlight on India: Oracle's hub for developing cutting-edge #cloud and AI solutions, driving customer success globally. Dive into the full interview for a glimpse into Oracle's strategy and the future of tech: https://lnkd.in/eV2MmhsU #CloudWorld #AI #futureoftech

Microsoft to Invest $1.7 Billion for AI and Data Center Infrastructure in Indonesia Read: https://lnkd.in/gqievJcU #microsoft #indonesia #ai #artificialintelligence #cloudcomputing #datacenters #investment #technology #digitaltransformation #infrastructure

India's efforts to become a leading hub for artificial intelligence (AI). Tech giants like Microsoft and Amazon are investing billions in computing infrastructure in India to dominate the growing AI industry. The Indian government is offering incentives for tech companies to establish manufacturing facilities and data storage centers in the country. With a fast-growing technology market and a large pool of skilled workers, India aims to become a major consumer and exporter of AI technology. Microsoft has committed around $3.7 billion to build data centers in India, while Amazon plans to invest approximately $12.7 billion in cloud infrastructure by 2030. The article also mentions that the concept of "sovereign AI" has fueled the demand for data centers within national borders, as governments seek to store and process sensitive information domestically. However, the surge in data centers may have environmental implications due to their high energy and water requirements. Despite this, Microsoft remains committed to its goal of becoming carbon negative by 2030 and has signed agreements to procure clean power from renewable energy companies in India. https://lnkd.in/gzMDQ5YJ

Looking forward to seeing many of you at the Data & AI Forum in #Madras #Chennai on Wednesday. If you are among the those who have already registered, see what Oracle has been up to in #GenAI. If you have been thinking of a use case you've been meaning to solve, come talk to us. And don't miss the very many demos! #DataAI #TechEvent #DataScience #ArtificialIntelligence #Networking #Innovation