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ORACLE CLOUD AI CHIP EXPANSION
Oracle expands chip supply deal with Nvidia, adds Google and Cerebras offeringsOracle and Nvidia said the cloud firm will expand to "multi-gigawatt scale" with Nvidia's newest generation of "Vera Rubin" AI servers. The...- AI bubble bursting or just letting out air? Neoclouds may offer cluesElon Musk has warned that over 200 neocloud companies may face significant challenges, including potential failures and consolidation. Desp...
- Neocloud firm Argentum AI in talks for $5 billion AI chip financing, sources sayOne of the people said the money would pay for additional chips for the data center Argentum secured in Poland with DL Invest Group, and th...
- Microsoft, Amazon and Google may spend $600 billion on AI in 2026. Will investors see returns?Microsoft, Amazon and Google could spend as much as $600 billion on AI in 2026, but investors want to know whether the massive investment w...
- SuiteWorld 26: NetSuite unveils new AI tools to boost efficiency for small businessesOracle NetSuite has introduced SuiteExpress and SuiteSkills to transform business operations..
- Oracle may extend US staff separation scheme to IndiaOracle’s India workforce has been shrinking over the past six months, with engineering departures running at roughly five times the pace of...
- Eye for an eye? Think AI for AI: How one startup is using AI to make AI chips more energy-efficientDiscovered Materials, a groundbreaking startup led by founders Akash Ramdas and Advaith Sridhar, is dedicated to advancing chip materials. ...
- Anthropic IPO puts AI spending under the spotlight as losses mountAnthropic, established by ex OpenAI researchers, is gearing up for an anticipated entry into the stock market in the United States. The org...
- Cadence unveils Nvidia-backed AI models that chipmakers can run in-houseBoth companies make software used to design computing chips - a process that involves arranging billions of transistors precisely to meet c...
- Meta eyes record $95 billion equity raise to fund AI expansionThe Facebook parent has launched public offerings worth about $35 billion in common and preferred stock, and said it also plans to launch a...
- Meta launches $35 billion stock offering to fund AI expansionMeta Platforms has kicked off public offerings nearly reaching $35 billion as part of its ambitious AI expansion strategy. The tech giant a...
- Big Tech’s AI push faces a $1 trillion profit test, says UBSUBS Global Research indicates that major cloud companies must generate an additional $1 trillion in operating profits by 2031. They are exp...
- Ukraine’s drone strikes hit Yandex, Sberbank and VKontakte. Is Russia’s AI future at risk?Ukrainian drone strikes have damaged data centers belonging to Yandex, Sberbank and VKontakte, disrupting digital services across Russia. W...
- Global Market: Nokia Q3 profit beats estimates on AI demand, maintains 2026 outlookNokia reported stronger-than-expected third-quarter operating profit and revenue growth, driven by rising demand from AI and cloud customer...
- Anthropic recorded net loss of over $80 billion in first half of this yearThe company generated $16.3 billion in revenue during the six months ended June 30, compared with $1.1 billion in the corresponding period ...
- Amazon says its AI chips will work with popular coding language, challenging NvidiaAmazon has unveiled TorchNeuron, a revolutionary tool that enables PyTorch code to be executed seamlessly on its Trainium AI chips. This in...
- Nvidia wins fast-growing AI startup Modal for new central processorsModal, a cloud-computing startup that rents out computing power to AI developers, said it plans to start using Nvidia's new Vera central pr...
- Orthodontist Jim Woods invested $65,000 in Nvidia in 2000; by 2024, his stake had reached $15 millionIn 2000, Jim Woods was working full-time as an orthodontist. That same year, he placed $65,000 into Nvidia, then a relatively young tech co...
- Don’t build your career around a tool that may not survive: Oracle’s Sanjeev ChauhanOracle’s cloud engineering head says AI is taking over routine infrastructure work, and engineers will need to move from tuning individual ...
- Scaleway to build AMD-powered AI supercomputer in SwedenScaleway is embarking on an ambitious project to build an AI supercomputer in Sweden, which will significantly bolster the European AI infr...
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