Oracle Deepens Its AI Push With Cerebras, Intel, NVIDIA and OpenAI
Oracle announced four AI partnerships spanning chips, cloud infrastructure and ChatGPT integrations, with some services live and others planned for 2027.
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Microsoft Cuts 4,800 Jobs in Latest AI-Era Layoff Round
By
Samantha Reed
• 3 mins read
Microsoft cut about 4,800 jobs, roughly 2.1% of its workforce, hitting Xbox and commercial sales hardest, the latest tech layoffs to intensify fears about AI and work.
AI Spending Set to Surpass US Defense Budget by 2027
By
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Big Tech’s AI capital spending is projected to reach about 3.2% of US GDP by 2027, overtaking national defense spending as a share of the economy for the first time.
Oracle
By
AIstify Team
• 4 mins read
Oracle is a leading enterprise software and cloud infrastructure company shaping cloud computing, AI infrastructure, and digital platforms across AI, cloud, chips, software, devices, and enterprise technology.
Oracle Layoffs Reveal ‘Train Then Replace’ AI Strategy
By
Samantha Reed
• 2 mins read
Former Oracle employees say they were asked to help train internal AI systems before being laid off, as the company shifts resources toward data centers and AI infrastructure.
Selloff Hits AI Sector as OpenAI Faces Growth Scrutiny
By
Samantha Reed
• 3 mins read
AI stocks fell sharply after reports that OpenAI missed growth targets and raised internal financial concerns. The news triggered a ripple effect across cloud and chip companies.
AI Boom Sparks Big Tech Rally, With Oracle, AMD, Microsoft Leading
By
Samantha Reed
• 1 min read
Big Tech stocks posted a sharp rally this week, driven by AI infrastructure demand and easing macro concerns. Oracle, AMD, and Microsoft led gains.
Oracle Stock Rises 6% on Bloom Energy AI Data Center Deal
By
Samantha Reed
• 2 mins read
Oracle shares rose after expanding a major energy deal with Bloom Energy to power AI data centers. The move highlights surging infrastructure demand tied to AI growth.
Oracle Shares Climb as Company Cuts Jobs to Invest in AI
By
Samantha Reed
• 1 min read
Oracle shares rose as the company plans layoffs to redirect capital toward AI data center investments.
Iran’s IRGC Threatens Nvidia, Apple, and Other U.S. Tech Firms in Middle East
By
Samantha Reed
• 1 min read
Iran’s IRGC has threatened attacks on major U.S. tech companies operating in the Middle East, raising concerns over AI infrastructure security.
Zuckerberg, Huang, and Ellison Join Trump’s AI Advisory Council
By
Maria Konash
• 3 mins read
President Donald Trump has appointed top tech executives, including leaders from Meta, Nvidia, and Oracle, to a council shaping U.S. AI policy and strategy.
Microsoft to Lease Texas AI Data Center Previously Linked to Oracle and OpenAI
By
Olivia Grant
• 2 mins read
Microsoft has agreed to lease a major AI data center project in Texas previously linked to Oracle and OpenAI. The move highlights ongoing shifts in infrastructure strategy for generative AI.
OpenAI Reportedly Closes $100 Billion Funding Round, Valuation Above $850 Billion
By
Maria Konash
• 2 mins read
OpenAI is reportedly closing a funding round expected to exceed $100 billion, potentially boosting its valuation beyond $850 billion as it invests heavily in AI infrastructure.