This week, OpenAI and Oracle shocked the markets with a surprise $300 billion, five-year agreement, part of a surge of new business that sent the cloud provider’s stock skyrocketing. But maybe the markets shouldn’t have been taken by surprise. The deal is a reminder that, despite Oracle’s legacy status, the company still plays a major […]
Why the Oracle-OpenAI deal caught Wall Street by surprise Read More »
Thanks to a pledge to unbundle its corporate messaging app Teams from its productivity suites, Microsoft has managed to slip unscathed through a major antitrust investigation by the European Commission that could have resulted in massive fines for the tech giant. The Commission on Friday okayed Microsoft’s concessions to address the EU’s competition concerns over
Microsoft slips unscathed through EU competition probe after promising to unbundle Teams Read More »
On Thursday, Box launched its developer conference Boxworks by announcing a new set of AI features, building agentic AI models into the backbone of the company’s products. It’s more product announcements than usual for the conference, reflecting the increasingly fast pace of AI development at the company: Box launched its AI studio last year, followed
Box CEO Aaron Levie on AI’s ‘era of context’ Read More »
Oracle sent its shares soaring after markets closed yesterday after reporting that it signed multiple multi-billion-dollar contracts with several customers. Now, we have an idea of who those customers might be. Oracle signed a deal with OpenAI for the AI company to purchase $300 billion worth of compute power over a span of about five
OpenAI and Oracle reportedly ink historic cloud computing deal Read More »
At the AI Infrastructure Summit on Tuesday, Nvidia announced a new GPU called the Rubin CPX, designed for context windows larger than 1 million tokens. Part of the chip giant’s forthcoming Rubin series, the CPX is optimized for processing large sequences of context and is meant to be used as part of a broader “disaggregated
Nvidia unveils new GPU designed for long-context inference Read More »
Semiconductor giant Intel continues to shake up its senior leadership since Lip-Bu Tan took the helm as CEO in March. Intel announced Monday that Michelle Johnston Holthaus will depart the company after more than three decades. Johnston Holthhaus was most recently chief executive officer of Intel products and will remain a strategic adviser. The company
Intel’s chief executive of products departs among other leadership changes Read More »
The Trump administration seems intent on controlling Intel’s ability to make key business decisions around its floundering foundry business unit. Intel’s CFO David Zinsner shared new details about the company’s recent deal with the Trump administration, which gave the U.S. government a 10% equity stake, at a Deutsche Bank conference on Thursday, according to reporting
Trump administration’s deal is structured to prevent Intel from selling foundry unit Read More »
Nvidia, the world’s most valuable company, reported another quarter of sustained sales growth in its earnings statement Wednesday, with $46.7 billion in revenue, a 56% increase compared to the same period last year. That growth was largely fueled by AI-dominated data center business, which saw a 56% year-over-year increase in revenue. Nvidia also saw its net
Nvidia reports record sales as the AI boom continues Read More »
Malaysia has developed its first domestic edge AI processor. Malaysian chip design company SkyeChip announced its MARS1000 processor at an industry event on Monday, Bloomberg reported. While an edge processor isn’t as powerful as an advanced Nvidia chip, it still represents a technological milestone for Malaysia, which is looking to play a bigger role in
Malaysia’s SkyeChip unveils the country’s first edge AI processor Read More »
Protesters stormed Microsoft’s Redmond headquarters on Monday and made it into president Brad Smith’s office in Building 34, forcing a temporary lockdown. The “No Azure for Apartheid” group reportedly live-streamed their sit-in on Twitch, hoisting banners, chanting ‘Brad Smith, you can’t hide, you’re supporting genocide!’ and posting a mock legal summons charging Smith with “crimes
Microsoft headquarters go into lockdown after activists take over Brad Smith’s office Read More »
