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Oracle Reportedly Considering 30,000 Job Cuts to Fund AI Data Centre Expansion
Oracle is reportedly considering cutting between 20,000 and 30,000 jobs to fund its artificial intelligence (AI) data centre buildout. As per the report, several US banks have backed out of funding the company’s ambitious plans to build AI data centres after raising questions about the company’s ability to handle such a large-scale project.
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Microsoft Hosts Developer Conference as Focus Grows on AI Profits
Microsoft has already spent $64 billion (roughly Rs. 5,46,718 crore) this year, much of it on data centers needed for AI-based services such as Copilot used in its popular Microsoft 365 applications. But there are signs that Microsoft is reworking its relationship with OpenAI and seeking to become a neutral arms dealer in the AI race.
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SoftBank Said to Be in Talks to Invest Up to $25 Billion Into OpenAI
SoftBank could invest $15 billion (roughly Rs. 1,29,880 crore) to $25 billion (roughly Rs. 2,16,450 crore) directly into Microsoft-backed OpenAI, some of which may be used to pay for OpenAI's commitment to Stargate, a person familiar with the matter has said.
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Dive Into The DeepSeek: The Chinese AI Startup That's 'Deeply' Shaking Up Silicon Valley
DeepSeek's disruption comes at an awkward moment for the US President Donald Trump, who launched The Stargate Project- a $500 billion AI infrastructure investment.
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"Satya Definitely Does Have Money," Says Elon Musk, Nadella Responds
Satya Nadella assured Microsoft would invest $80 billion in building Azure, its cloud computing platform.
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Donald Trump Waves Off Criticism From Elon Musk On $500 Billion AI Project
US President Donald Trump announced on Tuesday that ChatGPT's creator OpenAI, SoftBank, and Oracle are planning a joint venture called Stargate, which he said will build data centers and create more than 100,000 jobs.
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Elon Musk Lashes Out As Trump Backs Sam Altman For World's Largest AI Project
The Stargate project, led by OpenAI's Sam Altman - to build the "world's largest AI infrastructure" - was announced by Donald Trump at a special press conference at the White House. Elon Musk, however, has cast his doubt over the mega project.
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OpenAI Partners Nvidia, Microsoft, SoftBank and Others for New 'Stargate Project' to Build AI Infrastructure
OpenAI announced the formation of a new company dubbed The Stargate Project on Tuesday. The new venture of the firm will focus on building artificial intelligence (AI) infrastructure in the US. The company announced that it will spend a total of $500 billion (roughly Rs. 43 lakh crore) to build the capacity.
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Trump Announces Stargate, A $500 Billion Artificial Intelligence Initiative
US President Donald Trump announced a USD 500 billion investment in AI infrastructure through a new company, which is being created in partnership with Oracle, SoftBank and Open AI.
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Softbank, Oracle, OpenAI To Build $500 Billion Worth AI Infrastructure In US
While SoftBank will be financially responsible, OpenAI will be operationally responsible for building AI infrastructure in the US.
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Microsoft, OpenAI Plan $100 Billion Data Centre With 'Stargate' AI Supercomputer: Report
Microsoft and ChatGPT maker OpenAI are planning to build a data center worth over $100 billion, equipped with an AI supercomputer called "Stargate" that could arrive in 2028, according to a report. The Redmond company is likely to finance the project, which is expected to be more than 100 times more expensive than some of the biggest data centers i...
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Microsoft, OpenAI Plan $100 Billion Data-Center Project: Report
Microsoft and OpenAI are planning a data-center project that could cost as much as $100 billion and will include an artificial intelligence supercomputer called "Stargate," according to a media report on Friday.
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San Diego Comic-Con 2017: New Movie, TV Show Trailers Unveiled
From the Pacific Rim sequel to Bright, here are the new trailers revealed at Comic-Con.
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Oracle Reportedly Considering 30,000 Job Cuts to Fund AI Data Centre Expansion
Oracle is reportedly considering cutting between 20,000 and 30,000 jobs to fund its artificial intelligence (AI) data centre buildout. As per the report, several US banks have backed out of funding the company’s ambitious plans to build AI data centres after raising questions about the company’s ability to handle such a large-scale project.
-
Microsoft Hosts Developer Conference as Focus Grows on AI Profits
Microsoft has already spent $64 billion (roughly Rs. 5,46,718 crore) this year, much of it on data centers needed for AI-based services such as Copilot used in its popular Microsoft 365 applications. But there are signs that Microsoft is reworking its relationship with OpenAI and seeking to become a neutral arms dealer in the AI race.
-
SoftBank Said to Be in Talks to Invest Up to $25 Billion Into OpenAI
SoftBank could invest $15 billion (roughly Rs. 1,29,880 crore) to $25 billion (roughly Rs. 2,16,450 crore) directly into Microsoft-backed OpenAI, some of which may be used to pay for OpenAI's commitment to Stargate, a person familiar with the matter has said.
-
Dive Into The DeepSeek: The Chinese AI Startup That's 'Deeply' Shaking Up Silicon Valley
DeepSeek's disruption comes at an awkward moment for the US President Donald Trump, who launched The Stargate Project- a $500 billion AI infrastructure investment.
-
"Satya Definitely Does Have Money," Says Elon Musk, Nadella Responds
Satya Nadella assured Microsoft would invest $80 billion in building Azure, its cloud computing platform.
-
Donald Trump Waves Off Criticism From Elon Musk On $500 Billion AI Project
US President Donald Trump announced on Tuesday that ChatGPT's creator OpenAI, SoftBank, and Oracle are planning a joint venture called Stargate, which he said will build data centers and create more than 100,000 jobs.
-
Elon Musk Lashes Out As Trump Backs Sam Altman For World's Largest AI Project
The Stargate project, led by OpenAI's Sam Altman - to build the "world's largest AI infrastructure" - was announced by Donald Trump at a special press conference at the White House. Elon Musk, however, has cast his doubt over the mega project.
-
OpenAI Partners Nvidia, Microsoft, SoftBank and Others for New 'Stargate Project' to Build AI Infrastructure
OpenAI announced the formation of a new company dubbed The Stargate Project on Tuesday. The new venture of the firm will focus on building artificial intelligence (AI) infrastructure in the US. The company announced that it will spend a total of $500 billion (roughly Rs. 43 lakh crore) to build the capacity.
-
Trump Announces Stargate, A $500 Billion Artificial Intelligence Initiative
US President Donald Trump announced a USD 500 billion investment in AI infrastructure through a new company, which is being created in partnership with Oracle, SoftBank and Open AI.
-
Softbank, Oracle, OpenAI To Build $500 Billion Worth AI Infrastructure In US
While SoftBank will be financially responsible, OpenAI will be operationally responsible for building AI infrastructure in the US.
-
Microsoft, OpenAI Plan $100 Billion Data Centre With 'Stargate' AI Supercomputer: Report
Microsoft and ChatGPT maker OpenAI are planning to build a data center worth over $100 billion, equipped with an AI supercomputer called "Stargate" that could arrive in 2028, according to a report. The Redmond company is likely to finance the project, which is expected to be more than 100 times more expensive than some of the biggest data centers i...
-
Microsoft, OpenAI Plan $100 Billion Data-Center Project: Report
Microsoft and OpenAI are planning a data-center project that could cost as much as $100 billion and will include an artificial intelligence supercomputer called "Stargate," according to a media report on Friday.
-
San Diego Comic-Con 2017: New Movie, TV Show Trailers Unveiled
From the Pacific Rim sequel to Bright, here are the new trailers revealed at Comic-Con.
