AI layoffs hit U.S. but not China jobs — yet
College students look for employment opportunities at the Large-scale Recruitment Fair for Science and Engineering Universities on March…
Oracle names Schneider Electric’s Maxson as CFO amid soaring AI spending
The Oracle headquarters in Austin, Texas, on April 24, 2024. Brandon Bell | Getty Images Oracle on Monday…
Microsoft takes over a Texas AI data center expansion after OpenAI backs away
Microsoft is taking over a data center construction project in Texas after OpenAI declined to pursue it, in…
Amazon’s OpenAI deal will drive AI revenue growth, stock upside, Citi says
Amazon has room to run as it ramps up its compute capacity and deepens its ties with OpenAI,…
Trump admin unveils national AI policy framework to limit state power
U.S. President Donald Trump delivers remarks on artificial intelligence at the “Winning the AI Race” Summit in Washington…
Apollo’s Sambur says software’s AI troubles will persist
Apollo Global Management‘s David Sambur told CNBC on Thursday that the selloff in software stocks from fears of…
Oracle’s AI Just Reclaimed 200,000 Hours For Doctors
Oracle Corp. shares surged Wednesday after the software giant reported better-than-expected third-quarter results and issued upbeat revenue guidance,…
Musk says xAI must be ‘rebuilt’ amid co-founder exodus, SpaceX IPO
Elon Musk, chief executive officer of Tesla Inc., during the US-Saudi Investment Forum at the Kennedy Center in…
A closer look at Nvidia’s $20 billion bet on tech for a new AI chip
On the day before Christmas, when few stocks were stirring, a pricey and pivotal transaction jolted the AI…
The Tech Download: The sector’s Iran problem
Uncertainty continues to reign over global supply chains and Middle East-based projects as the Iran war nears the…
AI chipmaker Cerebras namedropped by Oracle, alongside Nvidia and AMD
As AI chipmaker Cerebras angles for an eventual IPO, the company appears to have landed a significant cloud-computing…
Amazon says Anthropic remains available outside of defense work
Amazon CEO Andy Jassy speaks during a keynote address at AWS re:Invent 2024, a conference hosted by Amazon…