According to founder and executive chairman Larry Ellison, this is all in service to Oracle’s three-step transformation. Ellison told investors last quarter that the first step was Oracle making its database available inside its competitors’ clouds, including Amazon’s AWS, Alphabet’s Google, and Microsoft’s Azure. Step two was “vectorizing” the data to make it readable by AI models, which makes the data customers have in Oracle’s systems more valuable, said Ellison. Third, Oracle built what Ellison called an “AI Lakehouse,” which vectorizes all a company’s data and not just what’s in Oracle databases or applications.
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