Oracle Shares Climb as Company Cuts Jobs to Invest in AI
Oracle shares rose as the company plans layoffs to redirect capital toward AI data center investments.
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Oracle shares rose as the company plans layoffs to redirect capital toward AI data center investments.
Iran’s IRGC has threatened attacks on major U.S. tech companies operating in the Middle East, raising concerns over AI infrastructure security.
A new survey finds 15% of Americans are open to having an AI manager, as automation reshapes workplace structures and raises job concerns.
Runway launches $10M fund and builder program to support AI video startups, expanding its ecosystem around multimodal and real-time AI.
Saronic raised $1.75 billion to expand production of autonomous naval vessels amid rising demand for AI-driven defense systems.
Google warns quantum computers could break Bitcoin encryption with fewer qubits, urging transition to post-quantum cryptography for security.
Marvell Technology shares jumped after Nvidia announced a $2 billion investment, boosting confidence in its role in AI infrastructure.
Meta Platforms has launched new AI-powered Ray-Ban smart glasses for prescription users, expanding its wearable AI product lineup.
Bitdeer Technologies is building Norway’s largest AI data center, signaling a deeper shift from crypto mining to AI infrastructure.
Siemens is planning a major restructuring to integrate AI and software across its digital and infrastructure businesses.