Hyperscalers spending $292 Billion on AI Infrastructure
Still not got customers
The race to scale artificial intelligence infrastructure is accelerating, with hyperscalers, alongside Meta and Oracle, planning to invest $292 billion by 2025 — an 88 per cent increase since 2023.
US is making consumers pay for corporate data centre plans
It is the American way
The US has a novel way of funding big IT company data centres and AI plans: it hikes ordinary people's power bills.
IBM shares fall on mixed results
Propped up by Red Hat
Biggish Blue shares dropped more than six per cent yesterday as the cocaine nose jobs of Wall Street were worried about the outfit’s mixed earnings report for the third quarter.
Oracle goes “all in” for AI surveillance
Just when you think the company could not be more popular
Just when you think Oracle could not become more popular with the great unwashed, its cofounder Larry Ellison decides to get the company involved with mass AI surveillance.
Oracle project close to bankrupting Birmingham
No one saw that one coming
Birmingham City Council, the largest local authority in Europe, has declared itself in financial distress after an Oracle project costs ballooned from $25 million to around $125.5 million.
Oracle adapts database to work with Ampere chips
x86 has reached its limits
Oracle said that it has modified its flagship database software to work on a new category of computing chip, starting with chips from Ampere Computing.
Oracle lays off more employees
Despite making profits
While Oracle is continuing to make a lot of cash it seems that the staff who bring them all that cash are surplus to requirements.
Pentagon surrenders and divides cloud project among four big tech outfits
Saves on court cases later
The Pentagon is divvying up $9 billion in cloud contracts between Google, Oracle, Microsoft and Amazon, presumably to avoid one of the megatech companies getting offended and suing.
Oracle releases VirtualBox 7.0
Sun never sets
Oracle has released VirtualBox 7.0 - the latest version of the FOSS hypervisor that Oracle acquired along with Sun Microsystems in 2009.
Oracle pays to make bribery charges go away
Only in America you can pay to make bribery charges go away
Oracle has paid $23 million to the US Securities and Exchange Commission to settle corruption charges that subsidiaries in Turkey, United Arab Emirates and India used "slush funds" to bribe foreign officials to win business.