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
Oracle to complete 30,000 job cuts by June 15: What's the reason, which team is impacted the most and what Oracle workers could be giving up when they sign severance agreementsOracle layoffs 2026: Oracle is finalizing its largest workforce reduction, with approximately 30,000 employees departing by mid-June. Despi...
01 Jun, 2026, 10.07 PM IST
Over 92,000 tech layoffs in just 5 months of 2026: AI replacing jobs faster than expected as Meta, Microsoft, Amazon job cuts trigger fear in USTech layoffs 2026: Over 92,000 tech jobs vanished by May 2026, with April seeing the worst layoffs in two years. US tech giants like Meta, ...
13 May, 2026, 06.52 PM IST
AI spending boom soars but no returns for big tech giants, warns Jefferies’ Chris WoodRising AI investments by global tech giants are straining cash flows, with capex nearing record levels relative to operating cash flow. Des...
02 May, 2026, 02.42 PM IST
80 seconds of big tech earnings will decide stock market’s fateInvestors await earnings reports from Alphabet, Meta, and Microsoft after trading ends Wednesday. These tech giants' results will guide mar...
29 Apr, 2026, 04.45 PM IST
US Stock Market: OpenAI growth concerns spark broad selloff in AI-linked stocksA broad selloff swept across artificial intelligence–linked stocks after a report indicated that OpenAI failed to meet key sales and user g...
29 Apr, 2026, 09.46 AM IST
Why US stock markets crashed today, and Nasdaq, S&P 500 and Dow Jones in red now? US stocks fall as AI worries, oil surge and Fed signals hit marketsWhy US stock markets crashed today, and Nasdaq, S&P 500 and Dow Jones in red now? US stocks ended lower as AI growth fears, oil price surge...
29 Apr, 2026, 04.37 AM IST
US stocks today: Nasdaq, S&P 500 end lower on renewed AI growth worries ahead of big tech earningsU.S. stocks retreated from record highs as concerns over the AI boom and OpenAI's performance weighed on tech shares. Investors are anticip...
29 Apr, 2026, 01.32 AM IST
Why Nvidia, AMD, Intel stocks crash today: Magnificent Seven fall broadly as all open lower except Apple amid AI concerns and earnings pressureWhy Nvidia, AMD, Intel stocks crash today: Magnificent Seven stumble as all open lower except Apple, with AI spending fears, Fed jitters, a...
28 Apr, 2026, 08.43 PM IST
US stocks today: Oracle, CoreWeave lead AI selloff on OpenAI growth concernsShares of AI companies fell on Tuesday. OpenAI reportedly missed user and revenue goals. This has sparked worries about its ability to fund...
28 Apr, 2026, 08.02 PM IST
Musk–Altman trial opens: Revisiting OpenAI’s shift from nonprofit to for-profitA major legal battle begins Tuesday in Oakland. Elon Musk is suing Sam Altman and OpenAI. Musk claims OpenAI abandoned its nonprofit roots ...
27 Apr, 2026, 07.57 PM IST
Microsoft takes over Stargate data center from OpenAI in NorwayMicrosoft will rent 30,000 additional Nvidia Vera Rubin chips from neocloud provider Nscale at a campus inside the arctic circle in Narvik,...
14 Apr, 2026, 10.47 PM IST
OpenAI pauses UK data centre project over regulation, costsOpenAI, the creator of ChatGPT, has halted its major data centre project in Britain. Unfavourable regulations and high energy costs are cit...
09 Apr, 2026, 07.43 PM IST
From OpenAI to Nvidia, tech firms channel billions into AI infrastructure as demand boomsTech giants are making massive investments in artificial intelligence. CoreWeave and Meta have expanded their cloud capacity agreement to $...
09 Apr, 2026, 06.11 PM IST
Crusoe to build 900-megawatt AI data center for Microsoft in TexasAI data center startup Crusoe said on Friday it will build a new 900-megawatt campus to run artificial intelligence workloads for Microsoft...
27 Mar, 2026, 09.27 PM IST
Microsoft to rent Texas data center dropped by Oracle and OpenAI: ReportMicrosoft has agreed to rent a data center project in Texas that was originally being developed for Oracle and OpenAI, Bloomberg News repor...
24 Mar, 2026, 10.47 PM IST
Microsoft relaxes data center grip on OpenAI amid $500 billion joint ventureSince 2019, Microsoft has had arrangements with OpenAI that gave the Redmond, Washington-based company the exclusive right to build new com...
22 Jan, 2025, 07.45 AM IST