CNBC April 7, 2024
Key Points
– “Every government, pretty much every government, is going to want a sovereign cloud,” Oracle chairman and chief technology officer Larry Ellison said on a recent earnings call with Wall Street analysts.
– Oracle cloud tech has been part of an effort to cut red tape for Albania, which is using ChatGPT to speed review of legal issues related to its ascension to the European Union, as well as teamed with Elon Musk’s Starlink internet service in multiple countries to increase rural access.
– Governments are increasingly digitizing their processes and the future will include a major presence for cloud services and artificial intelligence, but critical government functions like defense, taxes and health care cannot completely be turned...
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