Latest news with #GregPavlik
Forbes
25-06-2025
- Business
- Forbes
Four Ways Generative AI Can Boost Companies' Top Lines
Greg Pavlik, Executive Vice President, AI and Data Management Services, Oracle Cloud Infrastructure. Most discussions around enterprise AI have focused on how it cuts costs and streamlines processes, making people and systems more efficient. Of course, those are key potential benefits, but they just set the stage for what generative AI (GenAI) can do, not just in helping to save time and money, but in helping to build top-line revenue. GenAI models' ability to ingest and use structured and unstructured data means they can quickly deliver needed information to the right people. Employees can then apply their own expertise and human intelligence to the job at hand. It is that combination of artificial and human intelligence that can make the biggest difference in the enterprise. Boston Consulting Group (BCG) research found that more than half of CMOs surveyed expect to see at least 5% topline growth from their GenAI-related operations. Three out of 5 respondents said they will devote at least $10 million to AI and GenAI projects over the next three years. The first point to stress is that GenAI is still in its infancy. Over time, its value is anticipated to grow as it is used to analyze workflows, and the steps employees take to perform their jobs and assume more of their lowest level tasks. Corporate executives are witnessing this shift as AI agents are assigned routine operational activities, allowing their workforces to redirect attention toward higher-impact strategic initiatives. For example, Capgemini research indicates that 71% of organizations anticipate AI agents eliminating repetitive workloads, enabling talent to concentrate on value-creating activities. This aligns with the BCG projections of potential long-term productivity gains. Below are four use cases where businesses are seeing GenAI help drive more revenue and profitability. Healthcare providers are using AI to help employees concentrate on improving care instead of rote tasks. Clinicians can then spend more time with existing patients and perhaps see more cases, thus enabling improved care and potentially growing their client base. GenAI's ability to analyze vast datasets, detect trends and make predictions is invaluable for supporting proactive disease management, efficient resource allocation and evidence-based decision-making. When used strategically, GenAI can enhance everything from continuity of care, contracting, clinical operations and overall corporate functions, including purchasing and accounts payable. GenAI can suggest logical or even orthogonal 'upsell' and 'cross-sell' opportunities for a given type of business. If someone joins a gym, GenAI can post related products and services based on the user profile, such as dietary supplements, gym bags or sportswear. Likewise, a clothing retailer, knowing that a customer loves to roam the world, might offer travel-sized toiletries or containers—all potentially new revenue streams. While many organizations remain in the exploratory phase of GenAI, forward-thinking businesses already use it to help create entirely new ventures and thus enable new revenue. In one example, BCG cites a financial information provider that morphed its core business of selling financial data and analysis into a conversational insight-generation platform for clients. Those enhanced interactive services exposed an estimated $100 million of potential new revenue since they give clients more value than the traditional data feeds. The property insurance industry has faced uncommon challenges of late—dealing with flood and wildfire damage on a massive scale. In this sector, GenAI is proving to be particularly valuable as it can work with complex, unstructured data. In claims processing, for example, insurers are deploying advanced virtual claims assistants that are designed to automate document verification and processing, summarizing policy terms, coverage limits and supporting documents, speeding the claims review process for faster settlements. By off-loading routine and repetitive tasks from processors, actuaries and agents, GenAI can create space for insurance professionals to develop innovative policy structures. In this way, modernizing core systems with GenAI can help insurance firms proactively adjust to shifting regulations while providing better customer service. GenAI already helps insurance providers manage risk and other challenges in writing policies and handling claims. It can also spark the innovation needed to craft new types of policies or refactor existing coverage, which can help policyholders be protected and insurers stay in business. Job requirements are always changing. GenAI is an important tool for evaluating these adaptations and helping employees evolve to meet new needs. By integrating skills data with workforce and operational information, companies can leverage GenAI to nurture talent to boost long-term success. For example, a global professional services firm (and customer of Oracle) is encouraging its employees through coursework and mentoring to embrace AI to update their skills. In addition, it offers services to train large customers on the use of 'augmented intelligence,' which combines human and AI expertise to enable better results than either could achieve on its own. The combination of human and artificial intelligence is reshaping the way we work, complementing and enhancing employee capabilities. GenAI can be deployed to take on the repetitive and menial tasks, freeing up employees to focus on new, more complex or value-adding tasks. If Jane Doe now performs X, Y and Z jobs flawlessly, GenAI can assess how that skill set can be applied or enhanced to meet new requirements. By pinpointing training to boost her qualifications in related areas, Doe can become more valuable, and this proactive training may help boost her job satisfaction as well. People want to grow in their careers. GenAI, in what may seem paradoxical to naysayers, can help in that quest. Improving skill sets is good for the individual and the enterprise writ large. The Human-GenAI Dynamic Duo Regardless of how powerful the technology is, people and their knowledge remain the key asset of any business. I believe we should stop thinking about GenAI as a job killer and instead view it as a career enhancer that can help employees get productive in new areas, including the development of new products and services. Ultimately, it's the powerful human-AI combinations that can drive results for the enterprise. Forbes Technology Council is an invitation-only community for world-class CIOs, CTOs and technology executives. Do I qualify?
Al Bawaba
19-06-2025
- Business
- Al Bawaba
xAI's Grok Models are Now on Oracle Cloud Infrastructure
xAI has selected Oracle to offer xAI's Grok models via Oracle Cloud Infrastructure (OCI) Generative AI service for a wide range of use cases, including content creation, research, and business process automation. xAI will also leverage the scalability, performance, and cost efficiency of OCI's leading AI infrastructure to train and run inferencing for its next-generation Grok models. "Grok 3 represents a leap forward in AI capabilities and Oracle's advanced data platform will accelerate its impact on enterprises,' said Jimmy Ba, co-founder, xAI. 'This collaboration between xAI and Oracle is set to redefine enterprise-grade AI.' Founded in March 2023, xAI is at the forefront of AI innovation, building technologies that push the boundaries of human understanding. Grok 3, xAI's latest model, has reasoning capabilities refined through large-scale reinforcement learning with high performance in mathematics, coding, and universal understanding. To provide organizations with a path to strong data governance, management, and security, xAI models are augmented with OCI's enterprise-grade capabilities. In addition, all data sent by Oracle to Grok models is processed on zero data retention endpoints, offering an extra layer of protection. "By bringing xAI's cutting-edge Grok models to our customers, we are expanding the possibilities of AI in the enterprise,' said Greg Pavlik, executive vice president, AI and Data Management Services, Oracle Cloud Infrastructure. 'This partnership underscores our commitment to providing the most advanced AI solutions, giving organizations greater choice and flexibility in deploying the latest AI technologies.' Oracle brings leading-edge AI technology close to enterprise data and prioritizes security, adaptability, and scalability. This helps customers across industries apply the right AI technologies, including generative and agentic AI, to the right business scenarios for immediate results. In addition, thousands of AI innovators are leveraging OCI's cost-effective, purpose-built AI capabilities to run the most demanding AI workloads faster. OCI bare metal GPU instances can power applications for generative AI, natural language processing, computer vision, and recommendation systems. Windstream, a leading telecommunications service provider of advanced network communications and technology solutions, is exploring options to use xAI's multimodal models via OCI to create more fluid workstreams and empower its employees. 'In the fast-paced and ever-evolving landscape of telecommunications, there's no shortage of ways AI can benefit our business,' said Kaushik Bhanderi, senior vice president, Windstream. 'We think there could be real advantages to leveraging Grok models via OCI Generative AI service, integrating language comprehension and reasoning to propose meaningful actions.'
Mid East Info
19-06-2025
- Business
- Mid East Info
xAI's Grok Models are Now on Oracle Cloud Infrastructure - Middle East Business News and Information
Customers can now harness Grok models via OCI Generative AI service to tackle complex problems Powered by OCI AI infrastructure, Grok models will leverage OCI Compute instances with significant price-performance and scalability advantages United Arab Emirates — June, 2025 — xAI has selected Oracle to offer xAI's Grok models via Oracle Cloud Infrastructure (OCI) Generative AI service for a wide range of use cases, including content creation, research, and business process automation. xAI will also leverage the scalability, performance, and cost efficiency of OCI's leading AI infrastructure to train and run inferencing for its next-generation Grok models. 'Grok 3 represents a leap forward in AI capabilities and Oracle's advanced data platform will accelerate its impact on enterprises,' said Jimmy Ba, co-founder, xAI. 'This collaboration between xAI and Oracle is set to redefine enterprise-grade AI.' Founded in March 2023, xAI is at the forefront of AI innovation, building technologies that push the boundaries of human understanding. Grok 3, xAI's latest model, has reasoning capabilities refined through large-scale reinforcement learning with high performance in mathematics, coding, and universal understanding. To provide organizations with a path to strong data governance, management, and security, xAI models are augmented with OCI's enterprise-grade capabilities. In addition, all data sent by Oracle to Grok models is processed on zero data retention endpoints, offering an extra layer of protection. 'By bringing xAI's cutting-edge Grok models to our customers, we are expanding the possibilities of AI in the enterprise,' said Greg Pavlik, executive vice president, AI and Data Management Services, Oracle Cloud Infrastructure. 'This partnership underscores our commitment to providing the most advanced AI solutions, giving organizations greater choice and flexibility in deploying the latest AI technologies.' Oracle brings leading-edge AI technology close to enterprise data and prioritizes security, adaptability, and scalability. This helps customers across industries apply the right AI technologies, including generative and agentic AI, to the right business scenarios for immediate results. In addition, thousands of AI innovators are leveraging OCI's cost-effective, purpose-built AI capabilities to run the most demanding AI workloads faster. OCI bare metal GPU instances can power applications for generative AI, natural language processing, computer vision, and recommendation systems. Windstream, a leading telecommunications service provider of advanced network communications and technology solutions, is exploring options to use xAI's multimodal models via OCI to create more fluid workstreams and empower its employees. 'In the fast-paced and ever-evolving landscape of telecommunications, there's no shortage of ways AI can benefit our business,' said Kaushik Bhanderi, senior vice president, Windstream. 'We think there could be real advantages to leveraging Grok models via OCI Generative AI service, integrating language comprehension and reasoning to propose meaningful actions.' About xAI: xAI is a foundation model lab building AI to help humanity understand the universe. Visit us at About Oracle: Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. Trademarks: Oracle, Java, MySQL and NetSuite are registered trademarks of Oracle Corporation. NetSuite was the first cloud company—ushering in the new era of cloud computing. Future Product Disclaimer: The preceding is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, timing, and pricing of any features or functionality described for Oracle's products may change and remains at the sole discretion of Oracle Corporation. Forward-Looking Statements Disclaimer: Statements in this article relating to Oracle's future plans, expectations, beliefs, and intentions are 'forward-looking statements' and are subject to material risks and uncertainties. Many factors could affect Oracle's current expectations and actual results, and could cause actual results to differ materially. A discussion of such factors and other risks that affect Oracle's business is contained in Oracle's Securities and Exchange Commission (SEC) filings, including Oracle's most recent reports on Form 10-K and Form 10-Q under the heading 'Risk Factors.' These filings are available on the SEC's website or on Oracle's website at All information in this article is current as of June 17, 2025, and Oracle undertakes no duty to update any statement in light of new information or future events.
Gulf Business
18-06-2025
- Business
- Gulf Business
xAI's Grok models now available on Oracle Cloud infrastructure
Image: Oracle/ For illustrative purposes Oracle and xAI have announced a partnership that will bring xAI's Grok models to Oracle Cloud Infrastructure (OCI), enabling enterprise customers to deploy the advanced generative AI models via OCI's Generative AI service. The integration allows businesses to harness Grok's capabilities, ranging from content creation and research to complex business process automation, using Oracle's high-performance, scalable AI infrastructure. xAI will also use OCI to train and run inferencing for its next-generation Grok models, including the recently launched Grok 3. 'Grok 3 represents a leap forward in AI capabilities, and Oracle's advanced data platform will accelerate its impact on enterprises,' said Jimmy Ba, co-founder of xAI. 'This collaboration between xAI and Grok 3 supported by supported by OCI's enterprise-grade infrastructure Founded in 2023, 'By bringing xAI's cutting-edge Grok models to our customers, we are expanding the possibilities of AI in the enterprise,' said Greg Pavlik, EVP of AI and Data Management Services at Oracle Cloud Infrastructure. 'This partnership underscores our commitment to offering organisations greater flexibility and access to the most advanced AI technologies.' Oracle's AI infrastructure — including bare metal GPU instances — supports a broad range of demanding AI workloads such as generative AI, computer vision, and recommendation engines. Thousands of enterprises are already deploying Oracle's AI offerings to drive innovation and boost productivity. Telecom provider Windstream is among the early adopters exploring xAI's multimodal models via OCI to improve operational workflows. 'We think there could be real advantages to leveraging Grok models via OCI Generative AI service, integrating language comprehension and reasoning to propose meaningful actions,' said Kaushik Bhanderi, SVP at Windstream. The announcement further strengthens Oracle's AI ecosystem and expands xAI's reach into enterprise applications through a secure, scalable platform.
TECHx
18-06-2025
- Business
- TECHx
xAI Selects Oracle Cloud Infrastructure for Grok AI Models
Home » Emerging technologies » Artificial Intelligence » xAI Selects Oracle Cloud Infrastructure for Grok AI Models xAI has announced its selection of Oracle Cloud Infrastructure (OCI) to offer its Grok AI models through Oracle's Generative AI service. The collaboration targets a wide range of applications, including content creation, research, and business process automation. The company revealed that it will use OCI's scalable, high-performance, and cost-efficient AI infrastructure to train and run inferencing for its next-generation Grok models. Jimmy Ba, co-founder of xAI, said Grok 3 marks a significant leap forward in AI capabilities. He added that Oracle's advanced data platform will accelerate the impact of Grok 3 on enterprises. Founded in March 2023, xAI is known for pushing the boundaries of AI innovation. Its latest model, Grok 3, features enhanced reasoning through large-scale reinforcement learning. It also demonstrates strong performance in mathematics, coding, and universal understanding. To ensure robust data governance, management, and security, xAI models will utilize OCI's enterprise-grade capabilities. Oracle reported that all data sent to Grok models is processed on zero data retention endpoints, providing an additional layer of protection. Greg Pavlik, executive vice president of AI and Data Management Services at OCI, stated that the partnership expands AI possibilities for enterprise customers. He emphasized Oracle's commitment to delivering advanced AI solutions that offer greater flexibility and choice in deployment. Oracle brings leading AI technology close to enterprise data, prioritizing security, adaptability, and scalability. This enables organizations across various industries to apply generative and agentic AI to relevant business scenarios for immediate benefits. Thousands of AI innovators already leverage OCI's cost-effective, purpose-built AI infrastructure for demanding workloads. OCI's bare metal GPU instances support applications such as generative AI, natural language processing, computer vision, and recommendation systems. Windstream, a telecommunications service provider, is exploring the use of xAI's multimodal models through OCI. Kaushik Bhanderi, senior vice president at Windstream, noted the potential advantages of integrating Grok models via OCI's Generative AI service to enhance language comprehension and reasoning, aiming to improve workflows and empower employees. Key points: xAI partners with Oracle to deliver Grok AI models via OCI Generative AI service. OCI provides scalable, secure infrastructure with zero data retention for AI workloads. Windstream explores Grok models to improve telecommunications workflows.
