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Monthly TechNews Roundup: Oracle Launches Banking Cloud Services, Data centre capacity in India to grow sixfold in six years, RHEL comes to Oracle Cloud Infrastructure & more

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Clover Infotech brings to you a curated round-up of important technology updates for the month of February’23.

#1 Oracle to invest $1.5 billion in Saudi Arabia, open data centre in Riyadh

To meet the rapidly growing demand for its cloud services, Oracle has announced plans to open a third public cloud region in Saudi Arabia. Located in Riyadh, the new cloud region will be part of a planned US $1.5 billion investment from Oracle to expand cloud infrastructure capabilities in the Kingdom. The Oracle Cloud Riyadh Region will join the existing Oracle Cloud Jeddah Region and the planned Oracle Cloud Region to be located in the futuristic city of NEOM (a planned smart city in Tabuk Province in northwestern Saudi Arabia)…CONTINUE READING

#2 Oracle Named a Leader in Gartner® Magic Quadrant™ for Integration Platform as a Service

Oracle recently announced that it has been named a Leader and positioned highest for Ability to Execute by Gartner in the 2023 “Magic Quadrant for Integration Platform as a Service (iPaaS), Worldwide.” The report recognized Oracle as a Leader for the sixth consecutive time. Oracle is also a Leader in the recent 2022 Gartner “Magic Quadrant for Data Integration Tools.”…CONTINUE READING

#3 Red Hat Enterprise Linux (RHEL) comes to Oracle Cloud Infrastructure (OCI)

Red Hat, Inc., the world’s leading provider of open source solutions, and Oracle have announced a multi-stage alliance to offer customers a greater choice of operating systems to run on Oracle Cloud Infrastructure (OCI). The collaboration starts with Red Hat Enterprise Linux (RHEL) running on OCI as a supported operating system, improving the experience for organisations that rely on both OCI and Red Hat Enterprise Linux for digital transformation and migration of mission-critical applications to the cloud, said the company…CONTINUE READING

#4 Oracle Launches Oracle Banking Cloud Services to Help Banks Accelerate Move to the Cloud

With transaction volumes, customer expectations, and competitive threats at an all-time high, banks must adapt quickly to keep pace. To address these challenges, Oracle has launched Oracle Banking Cloud Services, a new suite of componentized, composable cloud native services…CONTINUE READING

#5 Microsoft Bing getting ChatGPT-like conversational feature

Microsoft has announced new AI-powered updates to its Bing search engine and Edge browser. The company is launching the product alongside new AI-enhanced features for its Edge browser, promising that the two will provide a new experience for browsing the web and finding information online…CONTINUE READING

#6 Google announces ‘Bard’: an AI-powered ChatGPT rival

AI-powered chatbots may be the next big thing for online search engines. Microsoft recently invested $10 billion in OpenAI, the makers of ChatGPT and Google is launching an Artificial Intelligence (AI) powered chatbot called Bard to rival ChatGPT. The experimental conversational AI service will be integrated into Google search, and will first be available to “trusted testers” before becoming available to the public at large in the coming weeks…CONTINUE READING

#7 Uber Selects Oracle Cloud Infrastructure: Signs Seven-year Cloud Deal

Oracle and Uber Technologies, Inc., have announced a seven-year strategic cloud partnership to accelerate Uber’s innovation, help deliver new products to market, and drive increased profitability. The arrangement will see Uber migrate some of its business-critical workloads to the Oracle Cloud Infrastructure (OCI) as part of a wider push by the firm to modernise its infrastructure and accelerate the time it takes it to bring new products and services to market…CONTINUE READING

#8 Data centre capacity in India to grow sixfold in six years: ICRA
Around 4,900-5,000 MW of data centre capacity, involving investments of around Rs 1.5 trillion, are likely to be added in the next six years, according to the rating firm ICRA. This is a six-fold increase from the current capacities. Data localisation and data explosion are paving the way for a DC revolution in India, it said…CONTINUE READING

#9 Sebi issues advisory for regulated entities on cybersecurity practices

Amid increasing cybersecurity threats to the securities market, the Securities and Exchange Board of India (Sebi) has issued an advisory for regulated entities regarding cybersecurity best practices to limit cyber threats and phishing attacks. SEBI has asked all regulated entities (REs), including financial sector organisations, stock exchanges, depositories, mutual funds and other financial entities, to provide compliance of the advisory along with their cybersecurity audit report. Sebi has also asked REs to define roles and responsibilities of chief information security officer (CISO) and other senior personnel…CONTINUE READING

#10 Snapchat is releasing its own AI chatbot powered by ChatGPT

Snapchat is introducing a chatbot powered by the latest version of OpenAI’s ChatGPT. The version will be available this week as an “experimental feature” for users who subscribe to Snapchat+, the company said in a a blog post. CEO Evan Spiegel says it’s just the beginning for the company’s generative AI plans…CONTINUE READING

#11 Microsoft introduces next-generation hybrid cloud platform for communication service providers

Microsoft announced that it is launching its next-generation hybrid cloud platform “Azure Operator Nexus” for communication service providers. The all-in-one platform will allow the telecom companies to run their carrier-grade workloads both on-premises and on Azure. It will assist its telecommunications firms to improve and monetise their existing infrastructure while also lowering their overall cost of ownership according to the company…CONTINUE READING

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