Trump Rewards Big Tech’s Biggest Bootlickers With Seats on AI Policy Board
The White House announced the new members of a board called the President’s Council of Advisors on Science…
Oracle Will Downsize Its Product Teams Because Of AI
In a third-quarter earnings report on Tuesday, tech giant Oracle announced quarterly revenue growth above expectations and an…
From Trump’s interventionism to an AI bubble: What could bust the markets in 2026 | Economy and Business
The world isn’t perfect, and neither is the market. The U.S. and European stock markets are at all-time…
Oracle’s AI Push Is Leading to Its Worst Quarter Since 2001
After spending a year making it clear that it believes AI will drive its future growth, Oracle’s stock…
Elon Musk’s wealth has soared past $600 billion—he’s now worth double the next richest person alive, Google’s cofounder Larry Page
Elon Musk just woke up $168 billion richer. Even as the wealthiest man in the world, he is…
Oracle’s collapsing stock shows the AI boom is running into two hard limits: physics and debt
Oracle’s rapid descent from market darling to market warning sign is revealing something deeper about the AI boom,…
Wall Street Sphincters Tighten as Oracle Delays Its OpenAI Data Center Buildout
It turns out infinite growth might not actually be possible. On Friday, Bloomberg reported that Oracle will be…
‘We’ll never get that lucky again’: OpenAI CEO Sam Altman on ChatGPT’s breakthrough moment
OpenAI CEO Sam Altman said the company’s early discovery of scaling laws for language models felt like a…
Paramount Skydance is currently winning the war to acquire Warner Bros. Discovery
Paramount Skydance has the inside track to acquire Warner Bros. Discovery, according to well-placed media executives — and…
Are we all living inside an AI bubble? Inside circular deals and the quiet financial loop they created
Three years ago, generative AI was barely on anyone’s radar. Three months ago, circular deals were whispered about…
The ‘Big Short’ investor betting $1 billion against the AI bubble says Meta and Oracle’s accounting is hiding the brutal truth
That’s how Jim Morrow, founder and chief investment officer of Callodine Capital, describes the eventual – inevitable –…
Is Wall Street losing faith in AI?
A rough week for tech stocks might signal a loss of investor confidence in artificial intelligence. The Wall…