Chainlink's AI-agent infrastructure push helped its LINK token rise 6%, while MemeToro open-sourced the code behind its trend-to-proposal pipeline, shipping over 1,100 lines under an MIT license. Meme…
Oracle Corp.'s aggressive AI infrastructure spending has triggered a historic stock collapse, with shares falling more than 55% from their September 2025 peak and erasing roughly $494 billion in marke…
Oracle Corp. co-founder Larry Ellison's fortune dropped by about $125 billion from its June 2026 peak after Oracle shares fell, ranking him eighth-richest in the world, as the company's AI infrastruct…
Meta and Oracle face heightened scrutiny from credit investors as their AI-driven capital expenditures surge, with Oracle's fiscal 2026 capex reaching $55.66 billion, exceeding its $50 billion target,…
Larry Ellison, co-founder and chairman of Oracle, fell from the world's second-richest person to No. 8 in two months, with his net worth dropping $104 billion to $192.6 billion, according to Forbes. O…
US corporate bond issuance reached $1.681 trillion year-to-date through July 2026, a 26.9% increase year-over-year, driven by AI-related borrowing from hyperscalers like Alphabet, Amazon, and Meta. In…
Alphabet, Amazon, Meta Platforms, Microsoft, and Oracle have collectively issued $159 billion in bonds through May 2026, surpassing the $150 billion they raised from 2020 to 2024, to fund AI infrastru…
A projected shortfall of 10 million metric tons of copper by 2040 threatens the AI data center boom, according to S&P Global, as declining ore grades, geopolitical tensions, and limited refining capac…
Copper prices hit record highs above $6.85 a pound and nearly $14,500 a tonne on the London market, driven by weak mine output in Chile, policy risk in Congo, and an AI buildout that requires copper f…
SpaceX shares fell 10 percent after the company reported capital expenditure of almost $16 billion on AI, double the previous quarter, in its debut earnings report. The company posted quarterly revenu…
SpaceX shares fell more than 5% after its first earnings report as a public company showed stronger-than-expected revenue of $7.8 billion but revealed $18.4 billion in capital expenditure, including n…
S&P Global's purchasing managers' index shows UK private-sector employers cut jobs for the 22nd consecutive month in July, with the services-sector decline now matching the length seen during the 2008…
Freshworks Inc. is hiring a Lead Data Scientist in Bengaluru, India, to lead GenAI initiatives for its employee and customer experience products, targeting a conversational servicebot for 1 million+ m…
SpaceX shares fell more than 5% after its first earnings report as a public company, despite better-than-expected revenue of $7.8 billion in Q2, as capital expenditures of $18.4 billion—nearly $16 bil…
S&P Global is hiring a Lead Data Scientist for its Foreseer team in Gurugram, Haryana, to design AI/ML applications, leverage large language models and vision language models for information retrieval…
The ISM Manufacturing PMI hit 54.0 in May 2026, its highest since May 2022, driven by demand for AI hardware and data centers, but a projected shortfall of 3.8 million skilled workers and supply-chain…
Japan's manufacturing output expanded in July at its fastest pace in more than 12 years, with the S&P Global Japan Manufacturing PMI at 54.5, marking the seventh consecutive month of expansion. New or…
Amazon, Microsoft, Alphabet, and Meta have collectively committed nearly $2.4 trillion in data center spending through 2030, with combined capital expenditure guidance of about $725 billion for 2026 a…
Amazon reported capital expenditures of $53 billion in the second quarter, up 69 percent from a year earlier, as it builds AI data centers and infrastructure. The company joined Meta, Microsoft, and G…
Gartner predicts that through 2026, organizations will abandon 60% of AI projects unsupported by AI-ready data, highlighting the importance of data ingest and storage in AI pipelines. Backblaze's in-h…