Tag: cloud computing

oracle-begins-major-job-cuts-amid-ai-strain

Oracle Begins Major Job Cuts Amid AI Strain

Oracle has started informing employees that it is cutting thousands of jobs, a move that underscores the financial strain building…

Business
nscale-raises-$2b-as-ai-data-centers-surge

Nscale Raises $2B as AI Data Centers Surge

Series C values the startup at $14.6 billion AI data center startup Nscale said Monday it raised $2 billion in…

Business
oracle-weighs-$38-billion-loan-plan-for-new-openai-data-centers

Oracle Weighs $38 Billion Loan Plan for New OpenAI Data Centers

Massive Financing Talks Signal Rising AI Infrastructure Demands Oracle is in early discussions with major banks regarding a loan package…

Business
aws-apologizes-after-massive-outage-disrupts-global-platforms (2)

AWS Apologizes After Massive Outage Disrupts Global Platforms

Amazon Explains Cause Behind the North Virginia Cloud Failure Amazon Web Services (AWS) has issued a formal apology to customers…

Business