Prasad Kavuri

Navigating AI doesn’t need to be complex. Stefan Diedericks shares how Oracle is empowering #oraclepartners to leverage the immense power of AI. Oracle has invested heavily in its new AI portal. Here's why: https://lnkd.in/gcT_4SY8 #partnerenablement #artificialintelligence

Meet the 16 members of the $100 billion club — who are jointly worth more than Amazon or Google by Business Insider via DNyuz ([Global] oracle cloud) URL: https://ift.tt/1FbW6TL Elon Musk, Jeff Bezos, and Mark Zuckerberg are among the handful of people on the planet with a net worth above $100 billion. Members of this elite group have amassed 12-digit fortunes by owning huge amounts of stock in some of the world’s most valuable companies. Most are founders and either current or former CEOs, and some, such as Warren Buffett, would be much richer if they didn’t give billions to charity. There may be only 16 centibillionaires, but their combined wealth is around $2.4 trillion, according to the Bloomberg Billionaires Index. They’re worth more than Amazon or Google-parent Alphabet, which command market values of around $2 trillion each. All but one of them have grown richer this year, adding a net $414 billion to their collective fortunes. Procter & Gamble ($409 billion), Costco ($406 billion), and Johnson & Johnson ($398 billion) are all worth less than that. Walmart heirs Jim and Rob Walton joined the exclusive group this month thanks to their net worths surging by over $29 billion this year. Their sister, Alice, could soon follow given her net worth stands at $99.5 billion.Here’s the list of individuals worth at least $100 billion, showing Bloomberg’s estimate of their net worth at the time of publication, how much it’s changed this calendar year, and the source of their wealth. All figures are correct as of September 16, 2024. 1. Elon Musk Net worth: $251 billion YTD change in wealth: +$21.7 billion Source of wealth: Tesla and SpaceX stock Elon Musk is the CEO of the electric-vehicle maker Tesla and the spacecraft manufacturer SpaceX. He’s also the owner of X, the social network formerly known as Twitter. His other businesses include The Boring Company, Neuralink, and xAI. 2. Jeff Bezos Net worth: $209 billion YTD change in wealth: +$32.1 billion Source of wealth: Amazon stock Jeff Bezos is the founder, executive chairman, and former CEO of Amazon, the e-commerce and cloud-computing giant. He also founded the space company Blue Origin and owns The Washington Post. 3. Mark Zuckerberg Net worth: $186 billion YTD change in wealth: +$58.3 billion Source of wealth: Meta stock Mark Zuckerberg is the cofounder, chairman, and CEO of Meta Platforms, the social-media titan behind Facebook, Instagram, WhatsApp, and Threads. Meta’s Reality Labs division makes virtual-reality and augmented-reality headsets and experiences. 4. Bernard Arnault Net worth: $180 billion YTD change in wealth: -$27.8 billion Source of wealth: LVMH stock Bernard Arnault is the founder, chairman, and CEO of LVMH Moët Hennessy Louis Vuitton. His conglomerate owns a bevy of luxury brands, including Dior, Fendi, Dom Pérignon, Sephora, and Tiffany & Co. 5. Larry Ellison Net worth: $174 billion YTD change in wealth: +$50.8 billion Source of...

In discussion with Salvi Mittal, ET CIO, Neeti Wahi, CDIO, Indus Towers, explains how migrating to #OracleCloudapplications and #OCI has enabled them to manage operations like #financialreporting, #HR and #supplychain management efficiently. #CloudWorld https://lnkd.in/gXzXFEMw

Top AI Stocks in India 2024: Market Cap, PE, and Stock Prices by Aditya Bhagchandani via Business Upturn ([Global] oracle cloud) URL: https://ift.tt/Vyhvbpz A Artificial intelligence (AI) is rapidly transforming various industries, offering significant advancements in efficiency, automation, and personalized experiences. In India, the AI sector is growing swiftly, with numerous companies leveraging this technology across healthcare, finance, retail, and manufacturing. Here’s a look at some of the top AI stocks in India for 2024, focusing on market capitalization and P/E ratios: Overview of Leading AI Stocks Affle India Description: Affle India Limited is a technology company that enhances digital marketing through AI. It helps businesses engage users and drive conversions via its enterprise and consumer platforms. Current Stock Price: +₹21.15 (1.36%) Today, +₹499.25 (46.19%) Past Year P/E Ratio: 66.9 Zensar Technologies Description: Zensar Technologies offers a range of digital solutions and technology services, including AI-driven data analytics and cloud transformation. The company is committed to sustainability and aims for net zero GHG emissions by 2040. Current Stock Price: +₹19.45 (2.52%) Today, +₹272.90 (52.79%) Past Year P/E Ratio: 26.24 Persistent Systems Description: Persistent Systems Limited specializes in software development and maintenance. Its AI solutions focus on enhancing software development, reducing operational costs, and improving customer experiences. Current Stock Price: +₹53.20 (1.00%) Today, +₹2,435.20 (83.26%) Past Year P/E Ratio: 69.54 Bosch Description: Bosch Limited, a subsidiary of Robert Bosch GmbH, offers technology and services in various sectors, including industrial technology and mobility solutions. The company is involved in manufacturing and selling automotive parts, power tools, and security systems. Current Stock Price: +₹229.25 (0.67%) Today, +₹15,223.90 (79.63%) Past Year P/E Ratio: 38.44 Oracle Financial Services Software Description: Oracle Financial Services Software provides IT solutions tailored for the finance industry, including banking software and compliance solutions. The company has a strong global presence. Current Stock Price: +₹686.30 (5.93%) Today, +₹8,306.60 (210.01%) Past Year P/E Ratio: Not provided Key Considerations for Investing in AI Stocks Financial Health: Examine the financial stability of AI companies, including balance sheets and cash flow statements. Opt for companies with strong financial metrics. Competition: Assess how companies stand out in the competitive AI market and their technological edge. Ethical Use: Ensure that companies follow ethical practices in AI deployment. Regulations: Stay informed about regulatory changes that could impact the AI industry. Disclaimer: The information provided in this article is for informational purposes only and should not be considered as financial advice. The data and...

Fractal Welcomes Janaki Akella as New Independent Director by Business Wire via AiThority ([Global] oracle cloud) URL: https://ift.tt/W8H3zUQ Fractal, a global provider of artificial intelligence and advanced analytics solutions to Fortune 500 companies, today announced the appointment of Janaki Akella as an independent director to its board of directors. Also Read: AiThority Interview with Seema Verma, EVP and GM, Oracle Health and Life Sciences Janaki currently serves as an Independent Director (Chair, Business Security and Resilience committee and audit committee) on the Board of Directors of Southern Company, a public Gas and Electric Utility company and as an Independent Director (Operational risk compliance and audit committees) on the Board of Directors of Sallie Mae, a company, offering private education l**** & education services. She previously held key executive roles at Google, McKinsey & Company, and Hewlett Packard. Her background includes digital transformation, strategy and operations, cloud and AI/ML based solutions and business security and sustainability. She has also been recognized as one of the Top 100 AAPI Board Members Making a Difference (Board Prospects). Her appointment underscores Fractal’s commitment to leveraging top-tier talent to drive innovation and growth. Janaki holds a Ph.D. in Electrical and Computer Engineering from Carnegie Mellon University, an M.S. from Boston University, and a B.E. (Honors) from the College of Engineering, Guindy (India). “I am thrilled to join the board of Fractal at this critical point in time as it scales to help businesses implement AI and tap into AI’s full potential for value creation,” said Janaki Akella. “I look forward to collaborating with the entire board and management team to drive strategic initiatives and deliver long-term value to all stakeholders.” Also Read: AiThority Interview with Dounia Senawi, Chief Commercial Officer, Deloitte Consulting LLP “We are excited to have Janaki join our board,” said Srikanth Velamakanni, Co-founder and Group Chief Executive, Fractal. “Her experience in technology and strategy, and her presence in the Bay Area will help us tremendously in scaling Fractal and building the company for the long term.” Welcoming Janaki’s appointment, Pranay Agrawal, Co-founder & Chief Executive Officer, Fractal said, “Janaki’s experience in digital transformation and her strategic insights will be instrumental as we continue to innovate in AI and analytics. Her leadership and vision align perfectly with Fractal’s commitment to driving innovation and delivering value to our clients globally.” [To share your insights with us as part of editorial or sponsored content, please write to psen@itechseries.com] The post Fractal Welcomes Janaki Akella as New Independent Director appeared first on AiThority. https://ift.tt/kuprWH8

Fractal Welcomes Janaki Akella as New Independent Director by Business Wire via AiThority ([Global] oracle cloud) URL: https://ift.tt/W8H3zUQ Fractal, a global provider of artificial intelligence and advanced analytics solutions to Fortune 500 companies, today announced the appointment of Janaki Akella as an independent director to its board of directors. Also Read: AiThority Interview with Seema Verma, EVP and GM, Oracle Health and Life Sciences Janaki currently serves as an Independent Director (Chair, Business Security and Resilience committee and audit committee) on the Board of Directors of Southern Company, a public Gas and Electric Utility company and as an Independent Director (Operational risk compliance and audit committees) on the Board of Directors of Sallie Mae, a company, offering private education l**** & education services. She previously held key executive roles at Google, McKinsey & Company, and Hewlett Packard. Her background includes digital transformation, strategy and operations, cloud and AI/ML based solutions and business security and sustainability. She has also been recognized as one of the Top 100 AAPI Board Members Making a Difference (Board Prospects). Her appointment underscores Fractal’s commitment to leveraging top-tier talent to drive innovation and growth. Janaki holds a Ph.D. in Electrical and Computer Engineering from Carnegie Mellon University, an M.S. from Boston University, and a B.E. (Honors) from the College of Engineering, Guindy (India). “I am thrilled to join the board of Fractal at this critical point in time as it scales to help businesses implement AI and tap into AI’s full potential for value creation,” said Janaki Akella. “I look forward to collaborating with the entire board and management team to drive strategic initiatives and deliver long-term value to all stakeholders.” Also Read: AiThority Interview with Dounia Senawi, Chief Commercial Officer, Deloitte Consulting LLP “We are excited to have Janaki join our board,” said Srikanth Velamakanni, Co-founder and Group Chief Executive, Fractal. “Her experience in technology and strategy, and her presence in the Bay Area will help us tremendously in scaling Fractal and building the company for the long term.” Welcoming Janaki’s appointment, Pranay Agrawal, Co-founder & Chief Executive Officer, Fractal said, “Janaki’s experience in digital transformation and her strategic insights will be instrumental as we continue to innovate in AI and analytics. Her leadership and vision align perfectly with Fractal’s commitment to driving innovation and delivering value to our clients globally.” [To share your insights with us as part of editorial or sponsored content, please write to psen@itechseries.com] The post Fractal Welcomes Janaki Akella as New Independent Director appeared first on AiThority. https://ift.tt/kuprWH8