Morgan Stanley forecasts US investment-grade corporate debt issuance will reach $2.2 trillion to $2.46 trillion in 2026, driven by massive AI infrastructure spending from tech giants. The bank estimat…
Couchbase added a data plane to its database platform to give AI agents persistent memory access for context retrieval, reducing token usage and costs. The company also introduced an MCP server, Agent…
Shares of call-center operators Concentrix and Teleperformance plunged after Concentrix cut its 2026 revenue forecast and reported falling profits, reinforcing investor fears that AI-powered automatio…
Oracle launched four new Fusion Agentic Applications for supply chain automation on June 29, 2026, including the Inventory Planning Command Center and supplier qualification tools. The AI-driven tools…
SAP CEO Christian Klein reorganized the executive board to embed AI accountability at the top, elevating Philipp Herzig to Global CTO and merging AI strategy with technology leadership. The move comes…
An AP/FRONTLINE investigation found that American technology companies, including OpenAI, Google, and Starlink, are enabling global cyberscams at industrial scale, with AI tools like ChatGPT and Gemin…
Cisco plans to lay off 471 workers in three Bay Area offices, according to notices filed with California's Employment Development Department. The cuts come as the company restructures to prioritize in…
The Bank for International Settlements warned that the AI investment boom could trigger a market crash if returns disappoint, noting that five major tech firms are on track to spend over $1 trillion o…
A developer in the ML Zoomcamp course learned to deploy a machine learning model by exporting it with Pickle, creating a FastAPI server, and containerizing with Docker. The developer chose not to depl…
SoftBank, OpenAI, and Oracle are converting a former auto plant in Lordstown, Ohio into an advanced AI data center as part of the Stargate initiative, which expanded with five new US sites targeting n…
Oracle co-founder Larry Ellison's net worth has surged to around $192 billion as investors reward the company's aggressive push into AI cloud infrastructure, even as Oracle cuts jobs in other areas. T…
Climate activist Will Lawrence, a Democratic congressional candidate in Michigan's 7th district, is leveraging local opposition to data centers to gain voter support. Internal polling shows over 40% o…
OpenAI, Anthropic, and xAI collectively consume about 21% of global AI compute capacity, operating fewer than 4 million H100-equivalent GPUs by end of 2025. Google alone controls roughly 25% of global…
HP Inc. has joined OpenAI's Frontier initiative as an inaugural enterprise adopter, deploying AI agents across internal operations and customer-facing tools. The partnership signals a shift from indiv…
The Bank for International Settlements warned that the AI investment boom could end in a bust, citing hidden debt structures and shadow borrowing as hyperscalers pour over $100 billion into AI infrast…
Oracle stock suffered its worst weekly performance since the 2001 dot-com bust, as escalating concerns over the company's AI-related financing weighed on investor sentiment.…
US layoffs surged to 97,000 in May, the highest for that month since 2020, with employers attributing 40% of cuts to artificial intelligence, according to Challenger, Gray & Christmas. Tech giants lik…
Alphabet announced an $85 billion equity raise to fund AI infrastructure, while Big Tech companies have already sold $159 billion in bonds in 2026, surpassing their total from 2020-2024. Fidelity advi…
Major tech firms including Oracle cut over 21,000 jobs in 2026, with AI adoption cited as a key factor. U.S. employers announced 83,387 job cuts in April, 21,490 attributed to AI, according to Challen…
Oracle released version 2.1.0 of its Backend for Microservices and AI, deprecating NGINX Ingress Controller in favor of Kubernetes Gateway API and Envoy Gateway, and adding OpenTelemetry Operator supp…