OpenAI and Oracle signed a deal “to purchase $300 billion in computing power over roughly five years,” one of the largest cloud computing deals ever, reports the Wall Street Journal.
Barclays raised its price target on Nvidia (NASDAQ:NVDA) to $240 from $200, citing accelerating demand for AI infrastructure and the company’s central role in the buildout. The bank reiterated its ...
A Seattle-based Amazon employee says he was suspended this week after urging workers to join him in protesting the company’s ...
On Wednesday, Gawrelski upgraded Amazon's stock (AMZN) to overweight while lifting his price target to $280. Previously, Wells Fargo had rated the stock at equal weight with a price target of $245.
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Alibaba Cloud announces international expansion plans to power the next-generation AI innovations
New data centers and service centers designed to enhance infrastructure coverage and stay ahead of global growing demand for ...
The new investment nearly triples Modular’s valuation since its last round in 2023. The $250mn financing was led by US Innovative Technology, the fund headed by former Legendary Entertainment owner ...
OpenAI today confirmed that it has signed an agreement to purchase computing infrastructure worth $300 billion from Oracle Corp. over a period of roughly five years, as part of its previously ...
Can the Tarboro Town Council legally stop a new data center? The answer could shape future projects statewide.
Microsoft Corp yesterday said it plans to expand its data center deployment and artificial intelligence (AI) services in ...
U.S. companies are facing rising costs for skilled professionals while also dealing with the need for speed in technology ...
For the fifth month in a row, Microsoft is laying off Redmond-based employees amid record AI spending. The number of ...
During the second quarter of 2025, the largest portfolio sector weightings were Information Technology and Communication ...
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