Oracle trims Seattle as AI bills pile up
The company laid off 491 Seattle workers, part of wider cuts as it splurges on…
data centres
Iran war wobbles AI’s supply chain
AI has been dining out on cheap power and smooth shipping, and the Iran war…
Nvidia admits one GPU to rule them all was a fairy tale
Nvidia is preparing to launch a new chip designed to speed up AI responses, breaking…
DRAM barons refusing to increase supply
Suppliers like Samsung and SK Hynix are taking a ‘cautious’ approach to their DRAM expansion…
Morgan Stanley warns the AI rocket is about to hit afterburners
Morgan Stanley reckons the next AI jump is about to land like a brick through…
Nvidia splashes $2bn on Nebius AI cloud plans
Nvidia is investing $2bn in Nebius Group as part of a strategic partnership to expand…
Nscale bags $2bn as ex-Meta names pile in
Nvidia-backed AI cloud provider Nscale has just hoovered up $2bn in fresh cash and claims…
Broadcom’s AI business is booming
Broadcom’s AI figures are not as gigantic as Nvidia’s, but it has built a serious…
Iranian drone strikes expose fragile cloud data centres
The Iranians targeted three Amazon Web Services facilities in the Middle East with drones and…
Meta just handed AMD a monster AI chip order
Meta has struck a multi-billion-dollar chip deal with AMD that could see the Facebook owner…