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ORACLE AND SOFTBANK
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...
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...
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...
Nvidia may lead AI startup Simplismart’s $20 million fundraise at $100 million valuationChipmaking giant Nvidia is reportedly in advanced talks to lead a $20 million funding round for Simplismart, valuing the AI infrastructure ...
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...
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...
Oracle, CoreWeave shares drop after report flags OpenAI growth worriesOpenAI's recent performance has caused a stir. The company reportedly missed targets for new users and revenue. This has led to worries abo...
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 ...
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...
OpenAI 'Stargate' executive Peter Hoeschele exits: The InformationPeter Hoeschele, a key OpenAI executive behind the early Stargate data centre effort, has left the company, according to a report by The In...
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 $...
Japan's Nikkei ends lower as SoftBank Group tracks Oracle's declinesJapan's Nikkei share average closed 0.9% lower, led by a sharp 7.69% decline in SoftBank Group. This fall mirrored Oracle's significant dro...
SoftBank sinks 10% — did selling Nvidia to fund a cash furnace just backfire big?SoftBank’s shares fell 10% after it sold all its Nvidia stock to fund new AI projects. The company is betting big on artificial intelligenc...
SoftBank builds Nvidia, TSMC stakes under Masayoshi Son’s focus on AI gearAt the heart of SoftBank’s AI ambitions is chip designer Arm Holdings Plc. Son is gradually building a portfolio around the Cambridge, UK-b...
OpenAI eyeing more data centers in Texas, other states for Stargate: ReportStargate, a venture by OpenAI, Oracle, and SoftBank, is planning additional data center campuses in Texas and 13 other states, aiming to in...
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...
Elon Musk reacts to SoftBank-OpenAI’s $500 billion AI project, says ‘they don’t have the money’Elon Musk criticises OpenAI and SoftBank's $500 billion Stargate Project for AI infrastructure, doubting their financial capabilities. The ...
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...
Elon Musk raises concerns over $500 billion Stargate Project backed by Donald TrumpElon Musk has expressed doubts about the financial feasibility of the $500 billion Stargate AI Project announced by President Donald Trump....
Nvidia, Oracle share prices soar after reports claim Donald Trump's $500 billion AI infrastructure investment planPresident Donald Trump is reportedly making a huge announcement pertaining to AI infrastructure investment on Tuesday.