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14 Dec 2025

Memory prices spike up to 400% as AI demand creates global shortage lasting through 2026

RAM and SSD prices have skyrocketed since summer 2025, with some kits costing four times more than in August. The surge stems from AI data centers consuming massive amounts of high-bandwidth memory, forcing manufacturers like Micron to redirect wafer capacity away from consumer products. Industry experts warn the memory shortage will persist well beyond 2026, affecting everything from PC builds to smartphones and home appliances.

21 Sources

13 Dec 2025

Intel moves to acquire SambaNova for $1.6 billion as AI chip battle with Nvidia intensifies

Intel is in advanced acquisition discussions to buy AI chip startup SambaNova Systems for $1.6 billion including debt, marking a steep discount from its $5 billion valuation in 2021. The deal would strengthen Intel's position in AI inference solutions as it competes against Nvidia's market dominance in the AI hardware market.

7 Sources

12 Dec 2025

Oracle delays OpenAI AI data centers to 2028 as labor shortages test infrastructure ambitions

Oracle has pushed back delivery timelines for several large AI data centers built for OpenAI from 2027 to 2028, citing labor and material shortages. The data center delays sparked investor concerns about the artificial intelligence investment boom, sending Oracle shares down over 5% before the company disputed any contractual setbacks. The setback highlights mounting challenges in the race to build AI infrastructure.

14 Sources

Salesforce shifts to flat-rate AI pricing as customers demand predictable costs over usage models

Salesforce is abandoning per-conversation AI pricing in favor of its Agentic Enterprise License Agreement (AELA), a flat-rate, seat-based model. CEO Marc Benioff says customers pushed for flexibility and predictability, while CRO Miguel Milano admits the company will accept short-term losses to lock in long-term relationships. The shift reframes AI agents as economic actors generating business value rather than metered features.

4 Sources

BBVA expands OpenAI partnership, rolls out ChatGPT Enterprise to 120,000 employees worldwide

Spanish banking giant BBVA is scaling up its OpenAI alliance, deploying ChatGPT Enterprise to all 120,000 employees after a successful pilot showed staff saved nearly three hours weekly. The partnership will co-develop AI models for banking applications, create an intelligent conversational assistant for customers, and build a digital alter ego to help employees manage tasks.

3 Sources

11 Dec 2025

TCS acquires Coastal Cloud for $700M to become top five Salesforce consulting firm globally

Tata Consultancy Services signed a definitive agreement to acquire US-based Salesforce Summit Partner Coastal Cloud for $700 million in an all-cash deal. This marks TCS' largest acquisition since 2008 and positions the company among the top five global Salesforce advisory and consulting firms, significantly strengthening its AI-led transformation capabilities.

2 Sources

Broadcom AI revenue surges 74% but stock tumbles on profitability concerns despite record earnings

Broadcom delivered crushing fourth-quarter results with AI chips revenue jumping 74% to $6.5 billion and total revenue reaching $18 billion. But the stock plunged over 10% after CEO Hock Tan warned that higher AI sales would compress gross margins. The company revealed an $11 billion custom chip deal with Anthropic and projected AI revenue to double to $8.2 billion next quarter, yet investors questioned whether rapid growth justifies stretched valuations.

14 Sources

Drax to build 100MW data centre at Yorkshire power station to meet surging AI energy demand

Drax has revealed plans to convert part of its North Yorkshire power plant into a 100MW data centre by 2027, repurposing coal-era infrastructure to meet the increasing demand for AI capability. The move comes as the UK government signals it will curb subsidies for the company's biomass operations while tech companies scramble for sites with existing grid connections.

3 Sources

Harness hits $5.5 billion valuation with $240 million raise to automate AI's after-code gap

AI DevOps platform Harness secured $240 million in Series E funding led by Goldman Sachs, reaching a $5.5 billion valuation. Founded by AppDynamics creator Jyoti Bansal, the company targets the after-code software development phase—testing, security, and deployment—that consumes 70% of engineering time but remains largely manual despite AI's acceleration of code production.

4 Sources

Okta plans 50% workforce expansion in India by 2026 to advance AI security operations

Okta is significantly expanding its India operations with plans to grow its workforce by 50% by 2026, focusing on advanced engineering and product development at its Bengaluru campus. The expansion aims to develop identity security solutions for AI agents, as the company targets doubling its revenue from $5 billion to $10 billion.

2 Sources

Google promotes Amin Vahdat to lead AI infrastructure as spending hits $93 billion

Google elevated Amin Vahdat to chief technologist for AI infrastructure, a newly created C-suite position reporting directly to CEO Sundar Pichai. The move comes as the company pours up to $93 billion into capital expenditures by the end of 2025, with expectations for even larger investments next year. Vahdat, who has spent 15 years building Google's AI backbone, will oversee the company's custom TPU chips and data center operations.

3 Sources

10 Dec 2025

Nick Clegg joins HIRO Capital to invest in spatial AI innovation across Europe

Former Meta executive Nick Clegg has joined venture capital firm HIRO Capital as a general partner to focus on spatial AI opportunities in Europe. The new HIRO III fund aims to deploy over 500 million euros across robotics, augmented reality, and autonomous technologies, with former Meta chief AI scientist Yann LeCun joining as an advisor.

2 Sources

Adobe reports record $23.77B revenue as AI bet pays off with double-digit growth in 2025

Adobe closed fiscal 2025 with record revenue of $23.77 billion, marking 11% year-over-year growth driven largely by its aggressive AI integration strategy. The company's Firefly generative AI tools and strategic partnerships with OpenAI, Google, and Microsoft are paying off, with AI-influenced revenue now comprising over one-third of its business. CEO Shantanu Narayen targets double-digit ARR growth for 2026.

7 Sources

Enterprise AI adoption reveals 6x productivity gap between power users and typical workers

A new OpenAI report analyzing over one million business customers reveals workers at the 95th percentile of AI adoption send six times as many messages to ChatGPT as median employees. Despite widespread access to enterprise AI tools across 7 million workplace seats, most organizations struggle to realize meaningful returns on their generative AI investments, with only 5% seeing transformative results from $30-40 billion in spending.

5 Sources

Boom Supersonic pivots jet engine tech to power AI data centers with 42 MW turbine

Boom Supersonic is adapting its supersonic jet engine technology to address the AI power crisis. The company secured $300 million in funding and landed a 1.21 gigawatt order from Crusoe for its new Superpower turbine, which generates 42 MW while operating without water cooling. The pivot creates a revenue stream to fund its Overture supersonic airliner ambitions.

4 Sources

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