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…
Xprize founder Peter Diamandis argues that mass surveillance from satellites, autonomous vehicles, and connected devices will make humans behave better, citing studies on police body cameras. He envis…
Oracle's stock fell after a report indicated that its key partner, OpenAI, could delay its initial public offering, raising concerns about the partnership's impact on Oracle's growth.…
OpenAI has delayed its IPO to 2027, expecting AI rival Anthropic to go public first, according to Bloomberg News. The ChatGPT maker had targeted a fall listing, but recent tech stock volatility influe…
Oracle promised to open up MySQL governance but the community demands guarantees, highlighting ongoing tensions over control of the open-source database.…
The Saline Township board in Michigan approved a $16 billion data center for Oracle and OpenAI after being sued by developer Related Digital, which claimed exclusionary zoning. The 1.4-gigawatt facili…
Goldman Sachs strategist Christian Mueller-Glissmann advises investors to diversify toward hyperscalers like Amazon, Microsoft, Alphabet, Meta, and Oracle and reduce exposure to semiconductor stocks a…
Wall Street faces a red open as tech stocks continue to fall, with Nasdaq 100 futures down 1.2% and S&P 500 futures down 0.5%. The decline is driven by weakness in semiconductor stocks and news that O…
Oracle disclosed in its fiscal 2026 SEC filing that AI adoption led to 21,000 job cuts, making it the first major tech company to formally attribute layoffs to AI in a regulatory document. The company…
OpenAI is leaning toward a 2027 IPO after CFO Sarah Friar warned the company isn't ready for public markets, citing a $3.7 billion cash burn in Q1 2026 and trillions in infrastructure commitments. The…
The Linux Foundation announced on June 3, 2026, its intent to launch the Tokenomics Foundation, dedicated to open standards for AI cost management, with support from Google, Microsoft, Oracle, JPMorga…
California Governor Gavin Newsom announced the launch of the California AI-Unemployment Tracker, the first statewide tool in the U.S. to monitor AI-related job loss using unemployment insurance claims…
Cornell University recovered $100,000 in unidentified payments using an AI tool developed by the AI Innovation Hub, graduate students, and the Treasury team. The tool automates the resolution of wire …
Rystad Energy projects the fuel cell market will surge from $2.8 billion in 2025 to $30 billion by 2030, driven by AI data centers seeking on-site power amid grid congestion. North America is expected…
Oracle cofounder Larry Ellison quietly donated about $45 million to a pro-Trump nonprofit during the 2024 campaign, according to The Wall Street Journal. Since then, Oracle has secured major governmen…
Oracle laid off about 500 employees in Romania on June 25, continuing its global restructuring toward cloud and AI. The cuts follow a reduction of 400 jobs in late 2025, bringing Oracle's global headc…
Surging demand from AI data centers has doubled memory chip prices in early 2026, driving up costs for smartphones, computers, and home appliances by up to 20%, with potential 50% spikes by mid-year. …
A Korean developer analysis revealed that Claude Code's 'Extended Thinking' text is a 600-character encrypted signature, not the model's reasoning, making agent audits impossible. Meanwhile, Anthropic…
Using SELECT * in SQL queries degrades performance by increasing network traffic, CPU usage, and memory consumption, as demonstrated by an Oracle benchmark where selecting 3 columns instead of 16 redu…