Oracle Shares Jump as AI Cloud Backlog Reaches $664 Billion
Oracle shares rose sharply in premarket trading after stronger-than-expected quarterly results showed accelerating demand for its artificial-intelligence infrastructure and eased some concerns about the company’s expensive data-centre expansion. The stock
Chinese AI Chip Prices Rise as Memory Shortage Hits Huawei and Rivals
Chinese artificial-intelligence chip suppliers, including Huawei and Cambricon Technologies, are raising prices as a shortage of advanced memory increases production costs and exposes a critical weakness in China’s rapidly expanding
Tech Mahindra Launches AI-Ready Architecture for Telecom Operators
Tech Mahindra has introduced the Zero Gravity Telco Architecture, a new framework designed to help telecommunications companies modernise fragmented technology systems before deploying artificial-intelligence agents across core operations. The Zero
Google-Backed Pixxel Lands $100 Million to Build Next-Generation Satellites
Indian space-technology company Pixxel has raised $100 million in a Series C funding round, securing fresh capital to expand its satellite fleet, Earth-observation software and spacecraft-manufacturing operations. The round was
Nvidia Revenue Doubles to $96.2 Billion as AI Chip Demand Accelerates
Nvidia has delivered another record quarter, with revenue more than doubling as spending on artificial-intelligence infrastructure continued to rise across cloud providers, AI laboratories and enterprise customers. The chipmaker reported
