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.
Oracle shares rose as the company plans layoffs to redirect capital toward AI data center investments.
Anthropic has signed an agreement with the Australian government to collaborate on AI safety and research. The deal includes funding for scientific institutions and expanded use of Claude in healthcare and education.
Salesforce is expanding Slackbot into an AI-powered enterprise teammate, integrating workflows, apps, and data into a single conversational interface. The update introduces new capabilities aimed at improving productivity and coordination across teams.
Iran’s IRGC has threatened attacks on major U.S. tech companies operating in the Middle East, raising concerns over AI infrastructure security.
OpenAI has closed a $122 billion funding round at an $852 billion valuation to scale its AI infrastructure and products. The company aims to accelerate enterprise adoption and global deployment of intelligent systems.
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.
Nvidia has invested $2 billion in Marvell as part of a partnership to expand AI infrastructure, including custom chips, networking, and silicon photonics.
Nebius will build a 310MW AI data center in Finland, expanding Europe’s growing push to develop large-scale compute infrastructure.
Anthropic has again exposed the source code of its Claude Code tool due to a packaging error, raising concerns over software release practices.
Starcloud reaches $1.1B valuation to build orbital AI data centers, launching GPU-powered satellites and targeting space-based compute infrastructure.