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Oracle's Larry Ellison thinks every government will want to build a 'sovereign' AI cloud in the future - TL;DR CNBC

Oracle's Larry Ellison thinks every government will want to build a 'sovereign' AI cloud in the future

Publishing timestamp: 2024-04-07 09:35:50


Summary

Oracle chairman Larry Ellison discusses the future market opportunity for cloud services and artificial intelligence in government applications. While there are potential benefits in efficiency and transparency, there are also risks such as data security and potential misuse of AI technology. The push to move more government processes to the cloud is opening the door to new risks, especially as countries trust newly developed generative AI systems.


Sentiment: MIXED

Tickers: ORCL

Keywords: albaniabusiness newsbreaking news: technologyartificial intelligencegenerative aioracle corpsoftwaretechnology

Source: https://www.cnbc.com/2024/04/07/oracle-chatgpt-and-the-sovereign-cloud-nations-will-seek-in-future.html


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