Oracle disclosure deepens wave of AI layoffs across major tech firms Oracle revealed 21,000 job cuts in 12 months, highlighting AI layoffs as major tech firms shift resources to AI …
Technology
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Technology
Oracle reveals headcount falls to 141,000 amid $1.84 billion restructuring
by Helga Moritzby Helga MoritzOracle layoffs push headcount down to 141,000 as severance costs surge to $1.84bn Oracle layoffs cut headcount to 141,000 as of May 31, with $1.84bn in severance and restructuring costs …
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Technology
AI loops poised to reshape software development Boris Cherny says
by Helga Moritzby Helga MoritzAI loops poised to transform software development, says Claude Code creator At Meta’s @Scale, Boris Cherny said AI loops are “for real,” describing agents that continuously prompt other agents to …
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Reflection AI secures $150M monthly SpaceX compute deal for Nvidia GB300 chips
by Helga Moritzby Helga MoritzReflection SpaceX compute deal: startup secures GB300 chips for $150M-per-month Reflection’s $150M/month SpaceX compute deal gives the open-weight AI startup immediate access to Nvidia GB300 chips at Colossus 2, starting …
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Technology
WeChat Dominates China’s Digital Infrastructure, Powering Payments and Government Services
by Helga Moritzby Helga MoritzWeChat’s Reach: How China’s Green Messenger Shapes Work, Commerce and Public Services WeChat dominates daily life in China, combining messaging, payments, mini-programs and government services while reshaping commerce, governance and …
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Technology
Mach Industries raises $300 million Series C to accelerate six weapons programs
by Helga Moritzby Helga MoritzMach Industries Raises $300M at $1.8B Valuation While Racing Six Weapons Programs Mach Industries secured $300M in June 2026, reaching a $1.8B valuation as it advances six weapons programs and …
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Technology
Apple warns rising storage costs could force iPhone price increases
by Helga Moritzby Helga MoritzApple Signals Possible iPhone Price Increase as Storage Costs Surge Apple warns rising storage costs may force an iPhone price increase, ending years of stable pricing secured by long-term supplier …
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AI pricing shifts to usage-based billing as token costs threaten firms
by Helga Moritzby Helga MoritzUsage-based billing reshapes AI model economics as tokens become a corporate resource Usage-based billing forces companies to manage tokens like energy or labor, raising budget and control challenges as major …
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Technology
In the Weights launches tool measuring who AI models recall
by Helga Moritzby Helga MoritzIn the Weights Measures Which Names Large Language Models Remember, Sparks Debate A new site called In the Weights ranks how well major AI models recall people from their internal …
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Technology
European AI startups attract billions as new generation creates three decacorns
by Helga Moritzby Helga MoritzEuropean AI startups draw billions as new decacorns emerge European AI startups attract billions as Mistral, ElevenLabs and peers secure major funding, creating decacorns and accelerating a competitive AI ecosystem. …