[AI Brief] Oracle, AWS Expand Ties; OpenAI Supports Global Policy Research

Through the AI Brief, which examines changes across industry and daily life, readers are expected to gain a clearer grasp of complex industry issues.

Oracle has officially launched the Oracle Exadata Database Service on Exascale Infrastructure, based on Exascale Infrastructure.

Oracle also expanded its strategic cooperation agreement with Amazon Web Services (AWS).

With this launch, Oracle can deliver Exadata-level performance regardless of workload size, while usage-based billing provides greater flexibility in both performance and pricing.

It also enables generative AI to be directly connected to business data without data movement, and allows agentic AI to be directly connected to business data without data movement.

The service scope of Oracle AI Database@AWS has expanded to 22 AWS regions worldwide. The service is being introduced for the operation of core workloads, with examples of adoption cited as CJ Olive Young, Cobalt Music Group, and the Barcelona Metropolitan Transport Authority (ATM).

Nathan Thomas, Oracle senior vice president, said the expansion is intended to help apply AI to business data without redesigning architecture or compromising performance. Ganapathi Krishnamurthy, AWS vice president, said he expects the combination of AWS AI and analytics services at the location where data resides to accelerate the building of AI-based applications.

Meanwhile, OpenAI is promoting support for global policy research aimed at expanding economic opportunities and strengthening social resilience as AI advances. The support targets research and demonstration projects responding to related changes.

The recipients are 14 research and demonstration projects independently led by universities, research institutions, and policy organizations around the world. The regions involved include the United States, the EU, and Korea.

The support totals USD 1 million in research funding and up to USD 1 million in OpenAI API credits.

Yonsei University has been selected as the institution to carry out the project titled 'Democratic Accountability Using AI.' Yonsei University plans to study AI analysis of National Assembly meeting transcripts as part of its research to evaluate the government's checks-and-balances and oversight functions. The research and development period is 6 months.

The research results and pilot dataset are scheduled for release in 2027. Lee Sang-hyun, OpenAI head, said he hopes the results of this research will be used in policy design and to broaden public discourse in governments and societies around the world.

Lee Sang-hyun also said he hopes Yonsei University's research will contribute to the National Assembly and the development of democracy in Korea, and serve as an example of responsible AI use.

The source is KOSA. The Korea Intelligent Information Technology Industry Association (KOSA) is holding entries for the '3rd AI and SW Company ESG Management Awards.'

The contest aims to support the sustainable growth of the AI and SW industries and identify companies excelling in ESG management. Eligible applicants are participating companies, and the application deadline is October 30.

The awards are organized into 11 categories, including 3 Minister of Science and ICT prizes. Companies wishing to participate will be automatically reviewed if they take part in the association's 'AI and SW Company ESG Management Diagnosis,' and no separate procedure is required for the automatic review.

Companies issued official ESG certificates will receive tangible financial benefits. First-priority interest rates from Hana Bank will apply to companies with official ESG certificates, and additional points will also be given in the soft loan and guarantee review process of the Software Mutual Aid Association.

KOSA Chairman Cho Joon-hee said that preemptive assessment is important in responding to changes in the business environment, including expanded ESG disclosures and global AI regulations. He added that the association will push to expand specialized diagnostic items and strengthen financial linkage support, and expects broad participation from companies and greater ESG competitiveness.

Separately, Google Cloud and Shinhan Investment Corp. have collaborated to build a next-generation AI agent platform that complies with financial security regulations. The platform is linked to major internal business systems.

Shinhan Investment Corp. applied its own 'hybrid orchestrator' architecture to the 'Gemini Enterprise Agent Platform.' The 'hybrid orchestrator' is a configuration that combines rule-based processing and LLM calls. Dedicated lines and VPC controls were added to meet network-separation requirements.

As a result of this implementation, processing time for unstructured OTC derivatives contracts was reduced from 2 hours per case to 5 minutes. Based on this, Shinhan Investment Corp. set a target of automating more than 70% of its future target tasks.

Lee Sun-hoon, CEO of Shinhan Investment Corp., expressed his determination to pioneer a new path for Korean-style financial AX based on this platform. Ruth Sun, president of Google Cloud Korea, said the case would set a new direction for the financial sector as a leading example of AI agents in regulated industries being adopted into actual business systems.

Source: IT DAILY · Kwon Young-seok
Original: https://www.itdaily.kr/news/articleView.html?idxno=241051

References

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