Meta CEO Mark Zuckerberg told employees that the company's AI reorganization over the past four months has not accelerated agent development as expected, admitting that the execution of job cuts and t…
Siebel developer Eshita Nandy switched from GitHub Copilot to Claude for her CRM project after Copilot failed to handle Siebel's proprietary eScript language. She found Claude provided accurate debugg…
Adobe announced it will issue security patches twice monthly, starting July 14, to address the increasing pace of vulnerability discovery and exploitation driven by AI. The company will add a second P…
Oracle halved its Always Free Ampere A1 Compute allowance on Oracle Cloud Infrastructure from 4 OCPUs and 24 GB RAM to 2 OCPUs and 12 GB RAM, effective June 15, 2026, without public announcement or cu…
Google released A2UI v0.9, a framework-agnostic standard for generative UI that lets AI agents declare interface intent and render natively across platforms. The update shifts to a prompt-first schema…
Big Tech's AI competition is shifting from chatbots to data centres, with companies investing hundreds of billions in computing infrastructure. Google, Meta, Microsoft, and Oracle are racing to build …
CoreWeave stock fell nearly 10% to $89 on July 1, 2026, as investors questioned AI spending durability despite the company reporting $2.08 billion in quarterly revenue, a 112% year-over-year increase.…
Forrester ranked EDB, Oracle, Microsoft, and MongoDB as leaders in multi-model databases, evaluating 14 suppliers for the Forrester Wave: Multi-model Data Platforms, Q2 2026 report. The research highl…
Meta is developing a cloud infrastructure business called Meta Compute to rent out unused AI computing power, potentially competing with AWS, CoreWeave, and Lambda. The initiative, still in early stag…
Taiwanese investors are taking on heavy debt to amplify stock market gains amid an AI-fueled rally, while margin debt levels reach risky heights. The trend is driven by FOMO and leveraged bets on comp…
Oracle spent $55.7 billion building AI data centers this fiscal year, with plans to spend even more by 2027, but the widening gap between capital expenditures and cash flow has become Wall Street's cl…
Brian Patrick, founder of Panodime, runs a daily social media series called AI Executive Insanity Series that highlights outlandish statements from AI executives, aiming to educate the public and advo…
Tech and finance firms are cutting thousands of jobs monthly while increasing AI spending, with Oracle cutting 21,000 jobs and AI cited as the top reason for layoffs for three straight months. Goldman…
SAS Institute, the analytics pioneer founded 50 years ago, is cautiously adopting AI by focusing on business value rather than hype, with CEO Jim Goodnight expressing skepticism about costly AI applic…
Vantage Data Centers filed permits for a $25 billion AI data center campus near Abilene, Texas, in collaboration with OpenAI and Oracle. The Frontier campus will span 1,200 acres with 10 data centers,…
Michael Burry has initiated his first-ever short position in Caterpillar, betting against the heavy equipment giant after its stock nearly doubled during the AI infrastructure boom. Burry also increas…
Oracle released version 2.1.0 of its Backend for Microservices and AI (OBaaS), a platform modernization update that shifts default external access to Kubernetes Gateway API and Envoy Gateway while dep…
Databricks co-founder Reynold Xin explains the limitations of traditional monolithic OLTP databases and introduces Lakebase, a serverless Postgres database that externalizes storage and compute. The a…
The Bank of International Settlements warned that the AI investment boom poses systemic risks, with hyperscalers set to spend over a trillion dollars on AI capex from 2025-2026, outpacing earnings and…
SAP is handing oversight of its AI product and engineering functions to CEO Christian Klein and COO Thomas Saueressig in its second top-level reorganisation this year, as the company scrambles to keep…