Analysts are skeptical of Larry Ellison's claims about Oracle's generative AI capabilities, with concerns about slower growth in Oracle Cloud Infrastructure (OCI). However, Ellison believes that using generative AI, countries like Albania can harmonize their laws with the European Union (EU) in a shorter timeframe. Oracle is working with Nvidia and Microsoft to provide generative AI solutions and cloud technologies to cut red tape and assist countries in meeting EU regulations. Ellison also predicts that governments will increasingly adopt sovereign clouds and dedicated regions.
He sees a market opportunity in governments using AI-powered solutions for disaster recovery, healthcare information, internet access, agriculture, and other areas. While there are these benefits, there are also risks associated with data security, potential mistakes in AI systems, and cyberattacks. Additionally, language barriers and limited data pose challenges for AI analysis of lesser-known languages like Albanian. The control and protection of citizen data are important considerations when working with foreign companies.
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Meta Platforms Inc.
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Wix, a leading website creation and management platform, has launched an innovative feature called the AI Visibility Overview, designed to help website owners better understand their sites’ presence within AI-generated search results.
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