Oracle's Sicilia Dismisses AI Bubble Fears
Oracle CEO Mike Sicilia dismissed concerns about an AI bubble, emphasizing the real value and strong demand for artificial intelligence. Speaking at the Future Investment Initiative summit, Sicilia highlighted how demand currently exceeds supply, underscoring the potential for AI's effective integration into various sectors.
- Country:
- Saudi Arabia
Oracle CEO Mike Sicilia expressed confidence in the enduring value of artificial intelligence, dismissing concerns over a potential AI bubble.
Speaking at the annual Future Investment Initiative summit in Riyadh, Sicilia stressed that the demand for AI technology significantly exceeds its current supply.
This imbalance, according to Sicilia, sets the stage for AI's substantial impact and untapped potential across multiple industries.
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