In a filing on Thursday, Meta Platforms revealed plans to sell $2 billion worth of data center assets as part of its ongoing efforts to
Category: TECH
Microsoft’s annual cloud revenue reaches $75 billion, poised for a $4 trillion valuation.
Microsoft reported on Wednesday that its flagship Azure cloud computing platform generated over $75 billion in annual revenue, representing a 34% increase over the previous
Meta’s WhatsApp AI chatbot harms competition and locks users into the platform—Italian watchdog.
In response to claims that Meta Platforms misused its power by integrating its artificial intelligence tool on the messaging app WhatsApp, Italy’s antitrust body announced
OpenAI’s Sam Altman warns of an AI voice disaster in the banking industry.
Sam Altman, the CEO of OpenAI, has forewarned the financial sector of a “significant impending fraud crisis” due to the capacity of artificial intelligence technologies
OpenAI and Oracle will expand Stargate by 4.5 gigawatts to maintain the US’s lead in the global AI race.
An additional 4.5 gigawatts of data center capacity will be developed by OpenAI and Oracle, extending their partnership that has committed hundreds of billions of
Meta investors face off against Zuckerberg in $8 billion trial over alleged privacy violations.
Wednesday marks the beginning of an $8 billion trial by Meta Platforms against Mark Zuckerberg and other current and former company executives for allegedly unlawfully
US Black Friday online spending rises by $24.1 billion as sales are boosted by hefty discounts.
As eager buyers hurried to take advantage of steep discounts on back-to-school necessities, online spending surged $24.1 billion across U.S. merchants during the July 8–11
Nvidia-backed CoreWeave to acquire crypto miner Core Scientific in $9 billion all-stock deal
As AI infrastructure companies scramble to obtain power supplies to support their soaring workloads, CoreWeave will purchase cryptocurrency miner Core Scientific in an all-stock deal
Saudi Aramco is under pressure to sell power assets for billions for domestic investments.
Saudi oil giant Aramco is trying to sell up to five gas-fired power facilities as part of a larger drive to raise money that could
Microsoft plans to fire up to 9,000 workers amid economic uncertainties.
The Seattle Times said on Wednesday that Microsoft is laying off up to 4%, or around 9,100, of its workers in the biggest layoffs since
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