All articles by Anwesha Pattanaik
Anwesha Pattanaik
Oracle may slash up to 30,000 jobs amid AI data centre funding challenges
Oracle is experiencing higher borrowing costs and a pullback from US banks as it attempts to finance its large data centre projects.
Snowflake announces $200m partnership with OpenAI for enterprise AI
OpenAI models, including GPT-5.2, will soon be accessible to Snowflake customers for enterprise data analysis.
Nvidia’s proposed $100bn OpenAI investment stalls on concerns
Internal discussions at Nvidia prompted both firms to reconsider terms of their planned AI partnership.
Oracle to raise up to $50bn for cloud infrastructure buildout
The company will use a mix of equity and debt to fund cloud expansion for major technology clients.
Capgemini to divest US government subsidiary amid regulatory constraints
Capgemini will divest Capgemini Government Solutions due to oversight restrictions imposed by federal contracting rules.
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Meta, Corning sign deal worth up to $6bn for US data centre expansion
Corning will supply optical fibre and expand North Carolina operations to support Meta’s US data centre projects.
SoftBank in discussions for up to $30bn additional investment in OpenAI
SoftBank’s latest talks form part of a wider funding round that could significantly boost OpenAI’s valuation.
Nvidia invests $2bn in CoreWeave to drive global AI factory expansion
CoreWeave will use Nvidia technology and investment to expand global AI infrastructure by the end of the decade.
Micron starts construction on $24bn wafer fab in Singapore
The new Singapore facility will create jobs and expand capacity to serve growing NAND and memory demand.
Neurophos raises $110m in Series A for exaflop-scale photonic AI chips
The funding supports rollout of integrated photonic computing systems and expansion of Neurophos’ operations in Austin and San Francisco.