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Oracle unveils new AI tools for financial software platform

Oracle has unveiled new AI-powered tools for its financial software platform, NetSuite.

Announced on Feb.6, these features aim to simplify routine business tasks, including generating price quotes for complex purchases.

One new tool enables sales professionals and customers to used an AI-driven chatbot for quote generation.

This chatbot gathers information about customer preferences, such as component options for products.

Recent Oracle developments

Timeline
23-Jan-2025 🌐 Oracle to boost Abu Dhabi investment fivefold on AI, cloud
  • Oracle to increase UAE investment fivefold
  • Plans to train 350,000 in AI and cloud skills
02-Oct-2024 ☁️ Oracle invests $6.5b in Malaysia’s cloud infrastructure
  • Oracle to invest US$6.5B in Malaysia’s cloud
  • New data centers to expand AI and cloud services
19-Apr-2024 ☁️ Oracle to invest $8b in Japan’s AI, cloud computing spaces
  • Oracle to invest over $8B in Japan’s cloud & AI
  • Focus on expanding cloud infrastructure & customer support
16-Apr-2024 💻 Oracle offers free AI training to 10,000 Singapore students, professionals
  • Oracle to train 10,000 in AI for free in Singapore
  • New data center launching to support AI initiatives
09-Nov-2021 ☁️ Oracle to open cloud region in Singapore
  • Oracle launches cloud region in Singapore.
  • 100 startups to receive $30,000 in cloud credits.

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