"Oracle is developing artificial intelligence that is reshaping medicine and helping save lives" | CTech

"Oracle is developing artificial intelligence that is reshaping the world of medicine and helping to save lives," said Yael Har Even, SVP and Country Manager of Oracle Israel, at Calcalist's AI Conference in collaboration with Vultr.

In a conversation with Calcalist's Sophie Shulman, Har Even, who took up her position about four months ago, discussed Oracle's significant role in Trump's massive AI infrastructure project, Stargate, and the contribution of Oracle's Israeli branch,.

You took up the position four months ago. Tell us where you came from?

"I spent ten years in academia as a lecturer and researcher, then transitioned into company management. I served as Bezeq's business development manager, and I also spent some time in the U.S. Four years ago, I received a call from Oracle Israel and decided to make the move."

According to Har Even: "There were major technological changes that needed to be led from Israel. Oracle CEO Safra Katz places strong importance on Israel, not only because of her deep personal connection to the country, but also because it is home to some of the brightest minds in the global tech industry."

Oracle stock is near its peak. What's special about your cloud?

"It's very interesting. When we developed the second generation of our cloud infrastructure, Oracle founder Larry Ellison and Safra Katz decided to bring the best cloud developers to Seattle and give them a blank slate to create the best cloud possible, after learning what didn’t work in other clouds. Today, we are reaping the benefits, as AI models require speed, security, and efficiency.

"For example, in June, OpenAI, which is backed by Microsoft, decided to run all of its models on Oracle's cloud. And let’s not forget the Stargate project, in which the U.S. government is also a partner. This massive AI infrastructure project, initiated by President Trump and valued at around half a trillion dollars, is expected to generate tens of billions annually for Oracle."

Har Even added: "Today, major companies such as TikTok run on Oracle's cloud. We were born as a data company, and for AI models to be accurate, they need to process large amounts of data efficiently. Currently, 80% of Fortune 500 companies are Oracle customers."

In Israel, most users of cloud services are startups, and there is intense competition over them. Oracle is less present in this niche, does it interest you?

"First, Oracle is a B2B company. We have significant advantages, such as our cloud architecture. Startups save considerably because of our cloud's efficiency. We don’t give credits to companies, but we focus on cost savings. We see Oracle in Israel as a bridge between our innovation and the innovation of Israeli startups, helping them scale globally."

Among other things, Har Even referred to Oracle's work in medicine: "Oracle is developing artificial intelligence that is reshaping medicine and helping save lives. Our Oracle Health system enables doctors to communicate with patients using AI. Israel has a tremendous medical ecosystem, and we want to see more companies leveraging AI to make a global impact. A great example is Imagene AI, able to identify key cancer biomarkers in minutes rather than weeks, transforming the way cancer is diagnosed."

What is Israel’s situation in the field of AI?

"In Israel, there are many innovative companies. Our innovation is exceptional. I believe AI will not replace humans, but those who do not use AI risk being left behind. We must adopt AI, and the more optimally developing companies we have, the more promising our future will be."