As tech titans report earnings, concerns rise over the sustainability of the AI boom. Experts warn that the current frenzy may lead to a bubble, with uncertain returns and increasing debt complicating the landscape.
Amazon Web Services faced a massive outage impacting over 1,000 websites, including Snapchat and Reddit. The issue, stemming from faulty automation in its DNS systems, raised concerns about reliance on cloud providers. Some services remain down as AWS works to improve reliability.
The recent AWS outage raised alarms about global dependence on major tech firms. Users faced disruptions ranging from banking access to losing streaks on apps, reigniting debates on tech reliance and market competition.
Oracle has appointed new co-CEOs, Magouyrk and Sicilia, focusing on cloud computing and AI. With the company at the forefront of major deals, including a partnership with OpenAI, this leadership shift signals significant growth ahead.
Oracle Corp. co-founder Larry Ellison's bold vision to expand from 162 to 2,000 data centers signals a major shift in the company's strategy, aiming to compete with cloud giants and meet rising AI demands.
In a stunning turn of events, Larry Ellison briefly overtook Elon Musk as the world's richest person after Oracle's stock soared. This dramatic increase in wealth comes on the heels of Oracle's bullish AI and cloud projections, leading to a record single-day wealth gain.
Shares of Nebius Group skyrocketed 40% following a monumental multi-billion-dollar deal with Microsoft. The partnership is set to provide cloud computing power for AI workloads, indicating strong demand in the sector.
Apple's latest tech report from WWDC25 reveals fascinating insights into its new AI models, including an innovative architecture and significant improvements in multilingual capabilities. Dive into the details of their game-changing advancements!
The Vera C. Rubin Observatory is set to revolutionize astronomy with its unprecedented data collection capabilities, generating 20 terabytes of data nightly. Discover how astronomers will manage and utilize this vast resource!
OpenAI is considering a federal review of its contract with Microsoft amid antitrust concerns that could jeopardize their crucial partnership in AI development. Ongoing negotiations have yet to yield agreement on investment terms.
