Oracle's NetSuite is getting AI features at no cost to customers

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Oracle's NetSuite is adding a slew of new generative AI features. The bonus for customers? It will cost them nothing to get the new functions. 

Oracle NetSuite Founder and EVP Evan Goldberg tells Yahoo Finance the new features will allow customers to "access generative AI for any kind of text that they are producing and it will make appropriate text for however they are using it."

As for why Oracle (ORCL) isn't charging for the generative AI capabilities, Goldberg says, "The future of business systems has AI everywhere. I mean, having a business system without AI is going to be like a car without wheels, so it really doesn't make sense." He adds, "We're not going to sell an unintelligent version of our business system."

Watch the video above to hear how NetSuite's customers are using AI and how Oracle is protecting customer data.

Editor's note: This article was written by Stephanie Mikulich.