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Oracle: buys artificial intelligence platform DataFox

(CercleFinance.com) - Oracle announced on Monday that it has signed an agreement to acquire DataFox, a platform whose cloud-based artificial intelligence (AI) data helps companies to optimize business decisions.


DataFox extracts data from over 2.8 million public and private businesses, enabling customers such as Goldman Sachs or Bain & Company to prioritize accounts and identify new prospects.

Oracle said the addition of DataFox will enhance its cloud applications, enabling customers to reach "even better decisions and business outcomes."

The annouccement was made at Oracle OpenWorld, which is currently taking place in San Francisco.



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