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Artificial intelligence
fromBusiness Insider
2 days ago

Inside Amazon's playbook for handling sensitive questions about its huge OpenAI deal

Amazon prepared internal guidelines for employees to address customer concerns about its $50 billion OpenAI investment while maintaining its commitment to Anthropic and Nova models.
Tech industry
fromTechRepublic
1 week ago

Oracle Reportedly Planning Thousands of Job Cuts Amid Massive AI Spending

Oracle is cutting thousands of jobs across divisions while investing billions in AI infrastructure to compete with Amazon and Microsoft in cloud services.
fromFast Company
1 week ago

Tech and finance layoffs: Oracle, Block, Morgan Stanley, Capital One headline brutal week for job losses

Oracle Corporation (NYSE: ORCL) is planning to cut "thousands" of jobs as soon as this month. And yes, artificial intelligence is to blame-but not solely because AI is directly taking jobs. Instead, Oracle is reportedly planning job cuts to free up cash for its AI data center expansion, which the company is pursuing to compete with cloud computing giants Amazon and Microsoft.
Tech industry
Artificial intelligence
fromTechCrunch
1 week ago

The billion-dollar infrastructure deals powering the AI boom | TechCrunch

AI infrastructure requires $3-4 trillion investment by decade's end, with major tech companies racing to build capacity while straining power grids and competing for cloud resources.
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