Larry Ellison Sees Oracle Holding up in AI-Led SaaS Shifts

Larry Ellison sees Oracle holding up in AI-led SaaS shifts

Oracle chairman Larry Ellison warns AI will scramble the SaaS market, but claims the company’s data and compliance "guts" provide a safe haven.

Oracle’s Big Bet: Give Away AI to Stop the SaaS Bleeding

Oracle has a problem. Its cloud applications business — the division selling human resources, finance, and supply chain software to enterprises — is growing, but not fast enough. Customers aren’t rushing to upgrade. Some are even eyeing competitors. And the company’s answer to this creeping stagnation is as old as the software industry itself: give something valuable away for free. The something, in this case, is artificial intelligence. Accordi…

AI Won’t Replace Software Companies, Oracle Executive Says Amid ‘SaaS-pocalypse’ Debate

Software companies fight back against fears that AI will kill them

Software companies fight back against fears that AI will kill them - CEO NA Magazine

Oracle’s Mike Sicilia is the latest software CEO to wade in to the debate on whether artificial intelligence tools that heavily automate human tasks will mean the demise of his industry. His verdict was a resounding “no.” “You’ve all heard … that new companies coding quickly using AI will spell the death of SaaS (software as a service),” he told analysts on a ‌conference call on Tuesday. “I don’t agree with that at all. I do think that AI tools …