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Oracle and NVIDIA Join Forces to Drive AI Innovation in Banking
The partnership ’ s solutions also address one of the most persistent challenges in consumer banking and payments : fraud detection .
By combining Oracle ’ s data management capabilities with NVIDIA ’ s AI processing power , financial institutions can now analyse transactions in realtime , identifying suspicious patterns while reducing false positives that can frustrate legitimate customers .
This transformation goes beyond just improving existing processes . The integration of AI technologies is enabling entirely new approaches to financial services , fundamentally changing how banks operate and serve their customers .
From automated customer service systems that can handle complex queries to sophisticated trading algorithms that can process vast amounts of market data , AI is reshaping every aspect of banking operations .
Partnership Evolution and Future Roadmap The partnership continues to evolve , with new technologies such as the Blackwell platform and Grace Blackwell platforms , and OCI ’ s Supercluster promising to further enhance AI capabilities .
These developments represent not just technological advancement , but a deeper understanding of the financial services sector ’ s specific needs .
Both companies bring extensive domain expertise to the partnership .
As Leung notes , they can accommodate various deployment preferences : “ In some cases , it ’ s totally fine for a financial institution to just use public cloud . In other cases , they want to stay completely on-prem and still get managed cloud services . We can do both .”
“ Part of a successful partnership is being able to bring our joint expertise to our client base ,” Levitt concludes . “ We ’ re super excited to see more banks taking advantage of the joint capabilities , to make their AI journey as accelerated as possible .”
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