Almawave S.p.A.

AIW

IT0005434615

IT Services & Consulting

Real-time Borsa Italiana Other stock markets 18:55:23 15/07/2025 HKT			5-day change	1st Jan Change
3.180 ^EUR	+0.16%		-0.31%	+10.42%

06-14	Almaviva Acquires 10,000 Ordinary Shares in Almawave	AN
06-13	Middle East Tensions Weigh on Markets; Italy's Trade Surplus Halved	AN

Almawave Strengthens AI Collaboration with Oracle

Published on 12/06/2025 at 15:40

(Alliance News) - Almawave Spa announced on Thursday that Velvet, its proprietary family of generative AI models, is now supported as the "Default LLM" within Oracle Cloud Infrastructure Data Science AI Quick Actions. This platform enables Oracle customers to easily test and deploy foundational commercial Artificial Intelligence models.

The company explained that this announcement follows the signing, earlier this year, of a Memorandum of Understanding between Almawave and Oracle. The agreement aims to develop Velvet-based services for Oracle clients in key Italian verticals, including energy, healthcare, manufacturing, public administration, and transportation.

Almawave shares rose 0.6% to EUR 3.24 per share.

By Claudia Cavaliere, Alliance News reporter

Comments and questions to redazione@alliancenews.com

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Stocks mentioned in the article

	Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	ORACLE CORPORATION	229.28USD	-0.56%	-1.28%	644B
	ALMAWAVE S.P.A.	3.180EUR	+0.16%	-0.31%	111M

Latest news about Almawave S.p.A.

Almaviva Acquires 10,000 Ordinary Shares in Almawave	06-14	AN
Middle East Tensions Weigh on Markets; Italy's Trade Surplus Halved	06-13	AN
Milan Leads Declines; Focus on Iran, Gold, and Brent Prices	06-13	AN
New war fears sink futures	06-13	AN
Almawave Strengthens AI Collaboration with Oracle	06-12	AN
Almaviva Acquires Nearly 51,000 Almawave Shares	06-05	AN
Almaviva Acquires Over 32,000 Ordinary Shares in Almawave	05-29	AN
Almaviva acquires over 57,000 ordinary shares in Almawave	05-24	AN
Almaviva acquires nearly 115,000 ordinary shares of Almawave	05-21	AN
Mib rises to 2007 levels; Leonardo at the top	05-16	AN
Bullish stock markets; strength for Eni and Campari	05-16	AN
Futures bullish, but caution remains	05-16	AN
European stocks in the green; Leonardo leads gains, Iveco down	05-15	AN
Almawave reduces indicators in the first quarter	05-15	AN
Almawave Q1 Net Profit EUR 0.1 Mln	05-15	RE
Marina Brogi leaves Almawave's board of directors	05-10	AN
Stocks in green; STM stands out in Milan	05-09	AN
Futures rise slightly; OPEC+ increases output	05-05	AN
Markets close week on a high; Prysmian tops	05-03	AN
Almaviva rises in Almawave by acquiring almost 29,000 ordinary shares	04-15	AN
Another negative session expected in Europe	04-07	AN
Almawave S.p.A. Reports Earnings Results for the Full Year Ended December 31, 2024	04-05	CI
Milan the European black jersey; up only DiaSorin	04-04	AN
Slaughter on the stock markets; DiaSorin and Amplifon do well.	04-04	AN
Almawave reduces indicators in 2024; push on investments	04-04	AN

Chart Almawave S.p.A.

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AIW: Dynamic Chart

Company Profile

Almawave SpA is an Italy-based company primarily engaged in Artificial Intelligence and natural language analysis. The Company provides technologies and services applied to the world of Big Data for digital development of companies and public administrations. It offers the assets, including Natural Language Processing, Automatic Speech Recognition and Omnichannel Conversational Platform to allow understand text and voice in a variety of languages, interact over any communication channels and analyze data, among others. The Company is present globally.

Employees

414

Sector

IT Services & Consulting

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