Oracle will spend around $40 billion on Nvidia’s higher-performance chips to power OpenAI’s new U.S. data center.
Read More Oracle to buy $40 billion of Nvidia chips for OpenAI’s US data center, FT reports
Category: Tech
Amid ‘Jensanity’, Nvidia signals plans to keep AI crown
U.S. restrictions on high-tech exports have seen Nvidia lose market share in China as it withdraws chips and designs inferior alternatives compliant with evolving U.S. policy.
Read More Amid ‘Jensanity’, Nvidia signals plans to keep AI crown
FTC drops case over Microsoft’s $69-billion Activision Blizzard deal
The FTC lost an appeal on May 7 seeking to reverse a judge’s decision declining to block the deal, which closed in 2023.
Read More FTC drops case over Microsoft’s $69-billion Activision Blizzard deal
Apple plans smart glasses launch in 2026, Bloomberg News reports
Apple plans to release smart glasses at the end of next year in the iPhone maker’s latest push to diversify its product lineup and boost demand for its AI devices.
Read More Apple plans smart glasses launch in 2026, Bloomberg News reports
Function over flash: Specialized robots attract billions with efficient task handling
Interest has been rising in such specialized robots as they offer a clear path to profitability, given the stress on automation across industries, including retail, defense and waste management.
Read More Function over flash: Specialized robots attract billions with efficient task handling
Massachusetts college student to plead guilty to PowerSchool data breach
Matthew Lane, 19, entered into a plea deal on Tuesday to resolve charges filed in federal court in Worcester, Massachusetts, related to the hacking of two companies.
Read More Massachusetts college student to plead guilty to PowerSchool data breach