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The costs of Oracle’s AI data center expansion is becoming clear—and Wall Street isn’t happy. The software and cloud firm, which until recently was a solid moneymaker, said Wednesday it burned through $10 billion in cash in the November quarter thanks to a big ramp-up in capital expenditures on AI-focused data centers for its cloud business. Even more troubling for Wall Street: Oracle executives revealed on a conference call with analysts that this fiscal year’s capex would be 43% higher than the company pr
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The Information
Reddit users advising Starbucks job candidates said interviewees should be ready to discuss customer service. Read more ›
883 fresh
Score $10 off with our Walmart coupon and shop flash deals up to 65% off today. Read more ›
809 fresh
Malaysia has resumed the search for MH370, the plane that disappeared mysteriously in 2014. Read more ›
539 fresh
Israel has operationally deployed Iron Beam, a 100,000-watt laser air-defense system capable of shooting down drones, rockets, and mortars at negligible per-shot cost. According to Tom's Hardware, it marks the first real-world deployment of a high-energy laser as part of a modern, multi-layered missile defense network. From the report: The Iron Beam is a short-range line-of-sight laser interceptor that is extremely cheap to run and, therefore, perfectly suited for intercepting... Read more ›
347 fresh
Boost your productivity and save with exclusive Google Workspace coupons from WIRED. Get up to 14% off plans for three months, including Starter, Standard, and Plus tiers. Read more ›
270 fresh
Alex Davis, CEO of Disruptive Tech, said AI has spurred "too many business models with no realistic margin expansion," such as data centers. Read more ›
266 fresh
Move marks latest setback for project that originally promised to sell a US-made device Read more ›
238 fresh
The first Iron Beam laser defense system was deployed by Israel on Sunday. This 100kW laser weapon thus became the world’s first drone defense zapper to be operationally deployed. Read more ›
168
MiniMax, a major Chinese AI startup that develops foundation models, aims to raise as much as 4.19 billion Hong Kong dollars ($538 million) in its initial public offering, according to the firm’s latest filings on Wednesday. Cornerstone investors in MiniMax’s Hong Kong IPO include Abu Dhabi ... Read more ›
138 fresh
Tatiana Schlossberg, granddaughter of JFK and a prominent climate activist and environmental journalist, has died of leukemia at age 35. Read more ›
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In an opinion piece for Computerworld, columnist Steven Vaughan-Nichols argues that restrictive visa policies and a hostile border climate under the Trump administration are driving foreign tech workers, researchers, and conference speakers away from the U.S. The result, he says, is a gradual shift of talent, events, and long-term innovation toward more welcoming regions such as Europe, Canada, and Asia. From the report: I go to a lot of tech... Read more ›
90 fresh
Disney hopes there'll be better chances for the latest 'Tron' movie to find an audience in streaming. Read more ›
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SK hynix is bringing its HBM ambitions to U.S. soil with a $3.9 billion plan to build its first domestic manufacturing facility — a 2.5D advanced packaging plant in West Lafayette, Indiana. Read more ›
77
Two cybersecurity professionals who spent their careers defending organizations against ransomware attacks have pleaded guilty in a Florida federal court to using ALPHV/BlackCat ransomware to extort American businesses throughout 2023. Ryan Goldberg, a 40-year-old incident response manager from Georgia, and Kevin Martin, a 36-year-old ransomware negotiator from Texas, admitted to conspiring to obstruct commerce through extortion. Between April and December 2023, Goldberg, Martin, and a third unnamed co-co Read more ›
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Axios reports that venture capitalist Alex Davis is warning that a speculative rush to build data centers without committed tenants could trigger a financing crunch by 2027-2028. "This critique is coming from inside the AI optimist camp," notes Axios, as Davis' firm, Disruptive, "recently led a large investment in AI chipmaker Groq, which then signed a $20 billion licensing deal with Nvidia. It's also backed such unicorn startups as Reflection... Read more ›
76 fresh
If you have a better idea for fixing education, violence, and antisemitism, I'd like to hear it. Read more ›
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PC Gamer argues that 2025 was a year full of high-profile AI embarrassments across games and entertainment, with Disney and Lucasfilm serving as the "opening salvo." From the report: At a TED talk back in April, Lucasfilm senior vice president of creative innovation Rob Bredow presented a demonstration of what he called "a new era of technology." Across 50 years of legendary innovation in miniature design, practical effects, and computer... Read more ›
72 fresh
At least three people have died from the vaccine-preventable infection, while hundreds have been hospitalized. Read more ›
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The Information
Nvidia has stopped testing an Intel process to manufacture its chips, Reuters reported, driving Intel’s shares down. Nvidia was recently testing an Intel production process known as 18A but decided to stop moving forward with the efforts, Reuters reported, citing two people familiar with the ... Read more ›
39
Two Chinese AI startups are vying to be the first publicly traded AI model providers in the global stock market, ahead of expected future initial public offerings from OpenAI and Anthropic. The Chinese firms’ IPO filings offer a window into the hardship facing smaller AI firms that don’t have older cash-cow businesses.Shanghai-based MiniMax Group and Beijing-based Knowledge Atlas Technology, better known as Zhipu, both recently received regulatory approval to go... Read more ›
28
Love it or hate it, artificial intelligence dominated another year in tech. As AI firms like OpenAI and Anthropic raced to release smarter models, the largest tech firms mapped out massive data centers that would guzzle up more energy than tens of millions of American households to power them. “Agent” became the industry’s favorite buzzword for tools promising to eliminate human work. The popularity of coding assistant Cursor made its... Read more ›
21
Waymo on Tuesday provided further details about its decision on Saturday to temporarily pause its robotaxi service in San Francisco amid a citywide power outage that caused its driverless cars to stall traffic. The company said it made the decision so its vehicles wouldn’t obstruct first ... Read more ›
20
SoftBank said Monday it would buy data center investment firm DigitalBridge for $4 billion, or $16 per share, a 15% premium to Friday’s closing price, its latest step to increase investment in infrastructure for data centers. DigitalBridge owns several data center subsidiaries that are involved ... Read more ›
18
OpenAI executives have kept a tight lid on how the company could show advertisements to users of its popular ChatGPT chatbot, leaving the broader digital ad industry eager for clues. Behind the scenes, staff are working through key details. Employees have discussed ways to tweak AI models to prioritize sponsored information in ChatGPT’s responses when users ask relevant queries, a person familiar with the discussions said. For instance, a Sephora-sponsored... Read more ›
17
In my hometown of Memphis, Tenn., Elon Musk’s xAI is a big topic of conversation for the second holiday season in a row thanks to the two gigantic data centers the company has opened here. The multibillion-dollar facilities have sparked a lot of local opposition because they’re being powered by gas generators that emit air pollution. In response, xAI has ramped up efforts to convince Memphians it’s a good neighbor.... Read more ›
14
“Suspense is an artform,” said Bruce Holsinger, the author of “Culpability,” a tense family drama about the ramifications of a horrific car accident. Oh, yes, I should add: The mini-van was driving itself. “I think a lot about suspense—at the level of the chapter, the sentence, the sequence of chapters,” said Holsinger, an author of four previous novels. “I like a sense of momentum, so that the characters are kind... Read more ›
11
Meta Platform is acquiring Manus, an artificial intelligence agent that went viral earlier this year and got financial backing from Benchmark, in the U.S. tech giant’s latest move to expand its AI offerings. The deal will give Manus, operated by a Singapore-based startup called Butterfly Effect, ... Read more ›
11
Nvidia stunned Silicon Valley on Wednesday by agreeing to pay about $20 billion to license technology from Groq, one of the best-funded startups trying to challenge Nvidia’s dominance in chips for powering AI applications, known as inference computing, according to a person involved in the deal. Nvidia is also hiring Groq’s founders and other leaders, according to the startup, which didn’t disclose the financial details. It isn’t clear whether the... Read more ›
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Most popular sources
Business Insider
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27% 6 |
Tom's Hardware
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15% 3 |
Gizmodo
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14% 7 |
Slashdot
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6% 2 |
Vox
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6% 0 |
| View sources » | |
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31.12.2025 02:45
Last update: 02:30 EDT.
News rating updated: 09:40.
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