Tag: microsoft azure

Oracle Chairman Larry Ellison. Last month, Oracle said that it would raise as much as $50 billion in 2026 to fuel its AI data centre plans. (Reuters)
Posted in Business

Oracle layoffs to impact thousands in AI cash crunch| Business News

Oracle Corp. is planning to ax thousands of jobs, among its moves to handle a cash crunch from a massive AI data centre expansion effort….

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Microsoft Azure’s quarterly results show that businesses are still splurging on artificial intelligence services despite fears of a bubble. (REUTERS/ Representative)
Posted in Business

Microsoft’s Azure posts blockbuster growth amid massive outage, beats Wall Street estimates| Business News

Microsoft reported blockbuster growth in its Azure business on Wednesday, pushing its quarterly revenue past Wall Street estimates. This was on a day when the…

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Smaller AI startups echo Indian watchdog’s anti-trust concerns
Posted in Startups

Smaller AI startups echo Indian watchdog’s anti-trust concerns

Indian startups have raised concerns over the Big Tech companies’ grip on data and compute power, which could tilt the AI playing field and curb…

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