Oracle amps up its AI bet with a plan to raise as much as $50 billion this year

This isn't Oracle's first attempt to raise money in pursuit of its AI buildout. In September, the company issued an $18 ...
Wall Street Journal

Oracle Can’t Escape OpenAI’s Shadow

After five decades of selling enterprise software, Oracle ORCL-0.36%decrease; red down pointing triangle has amassed a lot of very large customers. But never before has the company’s fate hinged so ...
Oak Ridge National Lab

Accounts Payable

The AP Department implemented the VASS automated system to assist vendors and other AP customers with questions concerning payment activity. Information on the system is available 24 hours a day and ...
Lane Report

TrinDocs accounts payables automator to add 20 jobs in Lexington

FRANKFORT, Ky. — TrinDocs, a software company specializing in accounts payable automation for better efficiency and for procurement solutions, will expand its Lexington operation with a $636,000 ...
fintechmagazine

Xelix Raises $160m Series B for Accounts Payable AI Platform

Insight Partners leads funding round as Xelix processes US$750bn in annual spend across 130 global customers Xelix has secured US$160m in Series B funding led by Insight Partners, with participation ...
PE Hub

TPG and Corpay to take accounts payable software provider AvidXchange private for $2.2bn

At the closing of the deal, TPG will acquire a majority stake in AvidXchange while Corpay will acquire a minority stake Michael Praeger serves as CEO of AvidXchange The transaction is expected to ...
Bleeping Computer

Oracle customers confirm data stolen in alleged cloud breach is valid

Despite Oracle denying a breach of its Oracle Cloud federated SSO login servers and the theft of account data for 6 million people, BleepingComputer has confirmed with multiple companies that ...