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Aethon partners with Oracle to integrate cloud data processing into its robots

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Aethon, the robotics unit of ST Engineering, has partnered with Oracle to deliver an integrated solution that automates and unifies hospital inventory transport and management, creating an intelligent approach to managing supplies that helps hospitals enhance operational efficiency.

Through integrating Aethon’s autonomous mobile robots (AMRs) and vision-based logistics control with Oracle Fusion Cloud Advanced Inventory Management which is part of Oracle Cloud Supply Chain & Manufacturing (SCM), hospitals deploying the AMRs can now seamlessly connect material transport with digital inventory and supply chain systems and workflows.

The integration links Oracle’s inventory picking process directly to Aethon’s AMR and vision system, enabling automatic material pickup and delivery and closes the loop with delivery status updates and final inventory location within the Oracle system for real-time visibility and accuracy. [Read more…] about Aethon partners with Oracle to integrate cloud data processing into its robots

OpenAI, Oracle, and SoftBank expand Stargate with five new AI data center sites

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New data centers put Stargate ahead of schedule to secure full $500 billion, 10-gigawatt commitment by end of 2025.

OpenAI, Oracle, and SoftBank are embarking on the construction of five new US AI data center sites under Stargate, OpenAI’s overarching AI infrastructure platform.

The combined capacity from these five new sites – along with our flagship site in Abilene, Texas, and ongoing projects with CoreWeave – brings Stargate to nearly 7 gigawatts of planned capacity and over $400 billion in investment over the next three years.

This puts us on a clear path to securing the full $500 billion, 10-gigawatt commitment we announced in January by the end of 2025, ahead of schedule. [Read more…] about OpenAI, Oracle, and SoftBank expand Stargate with five new AI data center sites

People trust robots more than themselves with money, according to global study

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Research shows growing confidence among consumers and business leaders that robots handle finance tasks better than people

2020 has changed our relationship with money and people now trust robots more than themselves to manage their finances, according to a new study by Oracle and personal finance expert Farnoosh Torabi.

The study of more than 9,000 consumers and business leaders in 14 countries found that the COVID-19 pandemic has increased financial anxiety, sadness, and fear among people around the world and has changed who and what we trust to manage our finances.

In addition, people are rethinking the role and focus of corporate finance teams and personal financial advisors, according to the research. [Read more…] about People trust robots more than themselves with money, according to global study

Oracle and Mitsubishi Electric to jointly develop internet of things platform for smart manufacturing

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Oracle is partnering with Mitsubishi Electric to develop an internet of things platform for smart manufacturing.

Mitsubishi Electric developed its new FA-IT Open Platform for factory automation with Oracle Cloud.

Using edge computing between devices and business applications, the new platform enables the rapid collection, analysis, and utilization of data at production site, says the company.  [Read more…] about Oracle and Mitsubishi Electric to jointly develop internet of things platform for smart manufacturing