Oracle spooks markets with AI binge
Heavy debts rattle investors already twitchy about runaway AI spending
Oracle has taken a wallop as tech stocks and bonds tank, landing far harder than its Big Tech pals thanks to its colossal borrowing spree to muscle into the AI circus, which has rattled the cocaine nose jobs of Wall Street something fierce.
Microsoft’s new AI crusade aims to ditch OpenAI leash
Suleyman says it’s time for Redmond to build superintelligence
Software king of the world, Microsoft, has decided it no longer wants to be shackled to OpenAI and is setting off on its own grand plan for superintelligence.
AMD to build two monster AI rigs for Oak Ridge
Lux and Discovery to fly the flag
AMD has landed a deal with the US government to supply silicon for two heavy-duty supercomputers at Oak Ridge National Laboratory.
Oracle’s twin CEOs push AI data centre splurge
Insist OpenAI gamble will pay off
Oracle’s new dual boss setup has come out swinging in defence of its expensive data centre expansion, insisting the firm is uniquely placed to make artificial intelligence useful for businesses.
OpenAI signs $1 trillion worth of chip deals to feed its AI habit
Money maths doesn't add up
OpenAI is signing about $1 trillion (€940 billion) in deals this year for computing power to keep its artificial intelligence dreams humming.
Oracle E-Business Suite hacked in $50 million extortion campaign
Cl0p ransomware crew cashes in on unpatched systems
Oracle is scrambling to investigate attacks on its E-Business Suite after hackers launched an extortion campaign against major organisations.
Oracle no longer cool for Catz
Role split between two deputies
Safra Catz is stepping down as chief executive of Oracle after more than a decade, with the US software giant splitting the job between two deputies just as it rides the AI cloud boom.
Nvidia throws $100 bn at OpenAI
Chipmaker plans to bank roll a glut of AI data centres
Nvidia has decided to fling up to $100 billion at OpenAI in what is being dressed up as a grand AI infrastructure partnership.
Trump charges ‘key money’ on TikTok takeover
Orders sale then demands billions for letting it happen
The Trump administration forced TikTok to change hands in the US and wants a fat fee from the investors who are stepping in to buy it.
Oracle trying to be the new Nvidia
Ellison bets the farm on AI
Oracle stunned the cocaine nose jobs of Wall Street with a forecast that makes it look more like Nvidia than the dull database flogger it has been for decades.