Oracle Launches AI Centre of Excellence in Singapore to Enhance Regional Innovation

Oracle has launched its AI Centre of Excellence in Singapore, aimed at boosting AI adoption across Southeast Asia by providing a hub for innovation, training, and collaboration. The Centre will support organizations in leveraging cloud and AI technologies to remain competitive and empower their workforce. Concurrently, Oracle has partnered with Open Innovation AI, a UAE-based firm, to accelerate the deployment of sovereign AI solutions across the EMEA region, helping businesses maximize ROI while adhering to local regulations. Despite these advancements, Oracle's stock faced a 6.6% decline, influenced by a broader market downturn, with concerns over economic policies overshadowing strong earnings and a dividend increase. The company's efforts to innovate through AI initiatives and strategic partnerships are notable, but market volatility continues to impact its performance. Overall, Oracle's initiatives reflect a commitment to fostering technological advancement in both Southeast Asia and the EMEA region.