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
SoftBank to invest €75 billion in 5 GW French AI centresSoftBank Group is set to invest up to $87 billion in France to build 5 gigawatts of AI data center capacity, aiming to establish the countr...
01 Jun, 2026, 06.19 AM IST
In the PR battle for AI data centers, tech giants got a blue-collar allyAmerican construction unions are now key players in building the nation's artificial intelligence infrastructure. They are partnering with ...
02 May, 2026, 09.43 PM IST
Sam Altman sets out OpenAI's three key focus areas for next phase of growthOpenAI CEO Sam Altman revealed the company's future focus on accelerating scientific research, boosting economic productivity, and developi...
02 May, 2026, 07.02 PM IST
SoftBank plans to list AI and robotics firm Roze in US, FT reportsSoftBank Group is set to make waves in the U.S. technology landscape with its groundbreaking AI and robotics initiative, Roze. With an eye ...
30 Apr, 2026, 06.34 AM IST
Anthropic looking to hire talent to drive Europe expansion: ReportAI firm Anthropic is actively seeking a senior executive in London to secure significant data centre capacity across Europe. This strategic...
24 Apr, 2026, 10.15 AM 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
Former OpenAI Stargate leaders plan to join Meta PlatformsThree key players in OpenAI’s massive effort to set up hundreds of billions of dollars’ worth of artificial intelligence data center capaci...
11 Apr, 2026, 10.44 AM 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
OpenAI, Oracle developing ‘world’s biggest’ AI training facility: Sam AltmanOpenAI CEO Sam Altman revealed progress on "Stargate 1," the AI training facility under construction in Abilene, Texas, in partnership with...
08 May, 2025, 12.37 PM IST
OpenAI's $500 billion Stargate venture weighs future UK investment: ReportOpenAI CEO Sam Altman in February signaled willingness to bring a Stargate-like AI program to Europe, saying his company would "love" to do...
17 Apr, 2025, 10.34 AM IST
SoftBank poised to invest $40 billion in OpenAI, valuing AI giant at $260 billion; how will it fuel Trump’s 'Stargate' initiative and the future of AI?SoftBank is preparing to invest $40 billion in OpenAI, valuing the artificial intelligence company at $260 billion, according to sources. T...
07 Feb, 2025, 10.55 PM IST
SoftBank in talks to invest up to $25 billion into OpenAI: reportSoftBank could invest $15 billion to $25 billion directly into Microsoft-backed OpenAI on top of its commitment of more than $15 billion to...
30 Jan, 2025, 09.09 AM IST
After Trump's mega $500 billion AI investment announcement, OpenAI CEO Sam Altman's big confession amid rivalry with Elon MuskStargate Project: The top tech companies Tuesday announced that they will create a new company, called Stargate, to grow artificial intelli...
23 Jan, 2025, 02.18 PM IST
OpenAI, SoftBank each commit $19 billion to Stargate AI data center: ReportOn Tuesday, US President Donald Trump announced that OpenAI, SoftBank Group and Oracle will unveil Stargate and invest $500 billion over th...
23 Jan, 2025, 08.27 AM IST
Elon Musk publicly trashes Trump-backed Stargate AI project, clashes with OpenAI CEO Sam AltmanA dispute arose between Elon Musk and OpenAI CEO Sam Altman over Stargate, a $500 billion AI infrastructure project. Musk questioned the fu...
23 Jan, 2025, 06.45 AM IST
ETtech Explainer: Behind Trump’s $500-billion ‘Stargate’ bid for AI supremacy'The Stargate Project' is a $500 billion initiative to build AI infrastructure across the US, with Masayoshi Son taking the role of chairma...
23 Jan, 2025, 06.00 AM IST