Shares of Oracle rose 14% in after-hours trading after the database giant reported cloud revenue growth of 19% for the three months to May 31 compared to the previous year. Overall revenue grew 5% to $11.8 billion during the period. It is becoming clear that Oracle’s identity as a cloud provider will be closely tied to the healthcare industry. Last week, Oracle closed its $28 billion...
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How to Grease a Chatbot: E-Commerce Companies Seek a Backdoor Into AI Responses
When Andy Wilson’s company received its first successful client referral through ChatGPT, he was shaken to his core. The founder and CEO of Logikcull, a San Francisco–based legal technology company, Wilson “had the exact same reaction to ChatGPT as I had to the internet browser in the early ’90s,” he said. “But this time I knew it would be even bigger than...
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How Microsoft Swallowed Its Pride to Make a Massive Bet on OpenAI
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