Explained: Why Oracle shares crashed 10% in extended trading despite earnings beatOracle shares fell sharply in after-hours trading despite beating earnings estimates, as investors reacted to aggressive AI spending plans ...
11 Jun, 2026, 12.08 PM IST
Microsoft's Xbox plans for major layoffs next month: ReportThe job cuts would mark the first major restructuring under Asha Sharma, who took charge as CEO of the gaming unit in February.
11 Jun, 2026, 08.51 AM IST
Oracle's AI spending blows past estimates, raising worries over growing debtOracle, which has major deals to build data centers for customers such as Meta Platforms and OpenAI, is working to position itself as a ma...
11 Jun, 2026, 08.04 AM IST
Meta partners with Reliance to lease 168 MW AI data centre in JamnagarMeta has deepened its India bet by partnering with Reliance Industries to build its first AI-ready data centre in the country, leasing 168 ...
10 Jun, 2026, 11.12 AM IST
Google Cloud outage in India after third-party data centre fire triggers shutdownThe cloud-computing unit said the fire led to an emergency power shutdown at the facility, isolating a local point of presence in Delhi a...
10 Jun, 2026, 07.39 AM IST
AI-driven data centre demand far outstrips supply despite record hyperscaler spending: JefferiesGlobal demand for data centres continues to significantly outpace available supply, creating a structural shortage that is expected to pers...
08 Jun, 2026, 10.33 AM IST
How Larry Ellison, Masayoshi Son, Michael Saylor AI crypto billionaires reshaping legacy wealth in 2026 markets shift?Oracle’s AI cloud surge, SoftBank’s OpenAI-backed rebound, and MicroStrategy’s Bitcoin strategy reflect a new billionaire era. Over $1 tril...
05 Jun, 2026, 03.40 AM IST
The hidden shortage threatening the AI boom - how to prepare for what comes nextAI data center power shortage: The AI boom's next frontier is electricity, shifting focus from models and GPUs to the immense power needed ...
05 Jun, 2026, 01.27 AM IST
Pinterest deepens Amazon partnership with $4 billion cloud dealPinterest is investing heavily in its future with Amazon Web Services. The social media company will spend four billion dollars on cloud se...
04 Jun, 2026, 08.25 PM IST
US stocks: Pinterest deepens Amazon partnership with $4 billion cloud dealAmazon.com's cloud computing unit will provide Pinterest its custom chip processors, including Graviton and Trainium, to help scale its AI ...
04 Jun, 2026, 07.47 PM IST
Europe's tech 'liberation day'? Computer says not yetThe EU plan aims to boost European tech firms and limit some access for dominant U.S. rivals. It marks a key but initial step, with the blo...
04 Jun, 2026, 10.38 AM IST
CrowdStrike reports higher operating expenses as AI investments gain paceCrowdStrike expects 2027 revenue to be between $5.91 billion and $5.96 billion, compared with its prior expectations of $5.87 billion to $...
04 Jun, 2026, 08.33 AM IST
Microsoft showcases new PC, cloud AI tools at developer conferenceMicrosoft's Build conference showcased the new Surface RTX Spark Dev Box. This powerful machine features an Nvidia chip, promising to bring...
02 Jun, 2026, 10.48 PM IST
EU cloud rules to curb Amazon, Google access to strategic tenders, draft document showsEurope is set to propose strict rules for cloud computing services in government contracts. These new criteria could prevent major US tech ...
01 Jun, 2026, 07.02 PM IST
NVIDIA and Microsoft bet on AI agents to reinvent the personal computerNVIDIA and Microsoft are set to launch new Windows PCs powered by AI. These devices will act as intelligent assistants, performing tasks fo...
01 Jun, 2026, 12.22 PM IST
US-led AI investments risk capital destruction: Chris WoodJefferies' Chris Wood warns of significant capital destruction in the current AI investment cycle, drawing parallels to past boom-and-bust ...
30 May, 2026, 07.48 AM IST
Snowflake boosts forecast, signs $6 billion AWS deal as enterprise AI adoption growsSnowflake has boosted its annual product revenue forecast. This rise is driven by increased enterprise spending on AI applications. Compani...
28 May, 2026, 08.15 AM IST