Oracle’s AI ambitions face scrutiny on earnings miss

Oracle’s AI ambitions face scrutiny on earnings miss

An Oracle office in Silicon Valley, California. Image: ykanazawa1999 Oracle forecast sales and profit that missed analyst estimates on Wednesday, while saying that spending would rise by US$15-billion compared with earlier estimates – a sign that big capital outlays to chase AI cloud-computing customers is not turning into profit as fast as Wall Street had…

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Africa: Lagos Summit Weighs Ai Ambitions Against Africa’s Tech Infrastructure Gap

Africa: Lagos Summit Weighs Ai Ambitions Against Africa’s Tech Infrastructure Gap

Nigeria is hosting one of Africa’s biggest tech gatherings on Tuesday, with debates ranging from Wolof-speaking chatbots to medical algorithms. The ambition is to harness artificial intelligence to transform economies – but patchy internet, unreliable electricity and low investment remain major obstacles. In Lagos, the African Digital Economy and Inclusion Conference is bringing together policymakers,…

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Vodacom Business accelerates Sasol’s digitisation ambitions

Vodacom Business accelerates Sasol’s digitisation ambitions

Peter Malebye, managing executive at Vodacom Business. In an effort to accelerate its digitisation journey, Sasol has employed a mobile private network (MPN) from Vodacom Business at its synthetic fuel facility in Secunda, Mpumalanga. The collaboration, according to Vodacom, marks a significant milestone in leveraging technology to enhance operational efficiency and connectivity in the industrial…

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