Oracle Corporation

07/25/2024 | Press release | Distributed by Public on 07/24/2024 18:47

What's New: July 2024

Welcome to another edition of What's New, a collection of news highlights over the past month. Make sure to bookmark the What's New blog homepage for quick access to these monthly blog posts. Now on to our headlines and more!

Headlines

First, we have a big product release for generative AI (GenAI). With an industry-first in-database large language models (LLMs) and an automated in-database vector store, HeatWave GenAI helps enterprises build generative AI applications with their data, without AI expertise, data movement, or extra cost.

Continuing the GenAI theme is the launch of APEX 24.1, the latest release of the Oracle Application Express low-code development platform. The new APEX AI Assistant uses GenAI to simplify application development and helps developers quickly build feature-rich, mission-critical applications at scale.

Rounding out our headlines is the launch of Exadata Exascale, a new service that unites the best of Exadata's database intelligent architecture and cloud elasticity to deliver extreme performance for AI, analytics, and mission-critical workloads at any scale. Exadata Exascale dramatically reduces costs for organizations of any size to take advantage of Oracle Exadata's unique built-in performance, reliability, availability, and security capabilities.

Extra, extra, read all about it!

Autonomous Database, Oracle's fully automated and managed database service is now available in Microsoft Azure through our Oracle Database@Azure multicloud solution. The service is integrated with Azure's portal and APIs for a streamlined customer experience, and benefits from unified customer support from Oracle and Microsoft.

Oracle has been named a Leader in the 2024 Gartner Magic Quadrant for Analytics and Business Intelligence Platforms. Oracle was recognized based on its ability to execute and completeness of vision. You can read a copy of the report on our Business Analytics page.

Palantir's Foundry platform and Artificial Intelligence Platform (AIP) are now certified on Oracle Cloud Infrastructure (OCI) and generally available across all of Oracle's distributed cloud deployment options. Oracle's distributed cloud, AI infrastructure, and sovereign AI capabilities, combined with Palantir's leading AI and decision acceleration platforms, help businesses and governments accelerate their AI initiatives.

Last month, we announced two new cloud regions in Morocco, and this month, we have even more region news! In Spain, we announced plans to open a third cloud region in Madrid that enables customers across Spain to address data residency requirements in specific industries like financial services and build geographically resilient solution architectures. We also went live with our second region in Singapore! Singapore is an example of our unique dual-region cloud strategy, which enables you to deploy resilient services in multiple geographically separated locations, helping you build true business continuity and disaster protection.

Join us at CloudWorld

Our bees are busy putting together hundreds of sessions covering announcements, learning sessions, hands-on workshops, networking events, and more for our annual event taking place in Las Vegas, Nevada on September 9-12. If you want to get the latest and greatest of OCI and some previews of what's coming next or just want to connect with your peers and Oracle experts, register now. We look forward to seeing you there!

That's all for this month, but we'll be back next time with more news, feature updates, and highlights from Oracle. Check out our What's New videos too, and we'll see you next month!