Top 10 AI Trending News on Wall Street

2. Oracle Corporation (NYSE:ORCL)

Number of Hedge Fund Holders: 105

Oracle Corporation (NYSE:ORCL) is a computer technology company that creates software and hardware products and offers services to help businesses manage data. It also integrates artificial intelligence capabilities into its cloud platform and various business applications, allowing companies to leverage AI for tasks like data analysis. The company unveiled new AI agent capabilities on March 3, focusing on providing real-time support to help subcontractors with payment applications.

The integrated AI agents should allow subcontractors to quickly check payment status, access required forms, and complete necessary documentation through simple text queries. In addition to offering contextualized answers, the system helps users with follow-up tasks like locating particular projects and finishing outstanding compliance paperwork. The implementation aligns with Oracle Corporation’s (NYSE:ORCL) overarching enterprise strategy of integrating functional AI capabilities into workflow applications.

“By adding agentic AI capabilities, we are taking even more time and hassle out of the payment process, especially in that vital subcontractor ‘draw weeks.’ With the ability to get in-app, real-time assistance 24/7, we are helping our general contractor customers improve the relationships with their subcontractors while reducing costly support calls,” said Mike Antis, global vice president of Textura.