Three years after Oracle moved its headquarters to Texas from California, chairman Larry Ellison said he’s planning another move.
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National treasury paid nearly R1-billion to Oracle South Africa for the financial management system at the heart of the probe.
Major customers are expected to use the new Nvidia B200 chip in cloud computing services they sell, CEO Jensen Huang said.
Google has completed its cloud data centre in Johannesburg, and the facility is ready for customer use.
A tough economy has pressured cloud spending by businesses, sending Oracle’s shares down 9%.
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The world’s fourth richest person has exercised expiring options and sold $640-million of Oracle shares.
Implementation of a new software system from Oracle has negatively impacted Mr Price Group’s full-year results.
Huawei Technologies has developed enterprise IT management software to replace Oracle’s, taking another step toward reducing its reliance on US tech.
Nvidia has showcased the technology it hopes will fuel the next wave of AI breakthroughs.