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04 Dec 2025

RAM Prices Explode 240% as AI Data Centers Drain Global DRAM Supply

RAM prices have surged over 240% as AI data centers consume global DRAM supply, leaving consumer electronics starved for memory. The three major manufacturers—Samsung, SK Hynix, and Micron—control 95% of production and are pivoting to high-margin AI contracts. Micron's Crucial brand is exiting consumer markets entirely, while analysts predict the supply shortage could extend into 2028.

4 Sources

C3.ai's new CEO confronts mounting losses and sales chaos with detailed turnaround strategy

C3.ai reported a $104.7 million loss despite 7% revenue growth as new CEO Stephen Ehikian implements a comprehensive turnaround plan. The enterprise AI firm faces ongoing challenges from leadership instability and sales execution failures following founder Tom Siebel's health-related departure, though Ehikian insists demand for enterprise AI remains strong and the company has a clear path forward.

2 Sources

Vietnam's First AI-Powered PayLater Card Set to Transform Financial Inclusion in 2026

Visa, Pismo, and Circle Asia Technologies are launching Vietnam's first AI-powered PayLater card in early 2026. The card uses AI modeling to approve customers and issue virtual credit cards in under five minutes, bypassing the need for traditional bank accounts. The initiative targets Vietnam's low credit card penetration and aims to unlock credit access for millions.

2 Sources

RBC targets up to C$1 billion in enterprise value from AI by 2027 as deployment accelerates

Royal Bank of Canada is on track to generate between C$700 million and C$1 billion in incremental enterprise value from AI by 2027. The bank has deployed AI across multiple functions, from its proprietary ATOM foundation model for credit adjudication to RBC Assist reaching over 30,000 employees, positioning itself among global banking leaders in AI research.

2 Sources

IBM's CEO says AI industry isn't a bubble, but a race for 7.5 billion subscribers worldwide

IBM CEO Arvind Krishna rejects fears of an AI bubble, arguing the industry mirrors social media's evolution where a few winners emerged from many competitors. Speaking on The Verge's Decoder podcast, he explains that success depends on capturing subscribers at scale, though he acknowledges uncertainty about which companies will ultimately dominate the market.

2 Sources

OpenAI and TCS advance talks on HyperVault partnership to build AI compute infrastructure in India

OpenAI is negotiating a leasing agreement for at least 500 MW of data centre capacity from TCS' HyperVault subsidiary, positioning itself as the first anchor tenant. The partnership would launch OpenAI's Stargate India initiative and help TCS become a leading AI-led services company through co-developed agentic AI solutions for enterprises.

2 Sources

Snowflake stock climbs as analysts highlight AI strength and customer adoption momentum

Snowflake stock gained 2.43% as JPMorgan and RBC Capital maintained bullish ratings ahead of earnings. The company's AI business crossed $100 million in annual recurring revenue a quarter early, while Fortune 150 customers highlight its central role in their AI and data strategy. Analysts point to strong competitive positioning and increased AI workloads as key growth drivers.

2 Sources

Salesforce raises AI prices as Agentforce gains traction but investor doubts persist

Salesforce is increasing prices for its AI agent platforms while reporting $540 million in annual recurring revenue from Agentforce, growing 330% year-over-year. Despite beating earnings expectations with $10.3 billion in Q3 revenue, the company's stock has dropped 26% in 2025 as investors question whether AI investments will deliver promised returns.

12 Sources

03 Dec 2025

Micron abandons Crucial consumer RAM after 29 years to prioritize AI data centers

Micron Technology announced it will shut down its Crucial consumer brand by February 2026, ending nearly three decades of selling RAM and SSDs to PC builders. The company is reallocating production capacity to meet surging AI demand, particularly for high-bandwidth memory used in data centers. The decision comes amid a global memory shortage that has already driven RAM prices up 171 percent year over year.

26 Sources

Nebius leverages Microsoft, Meta contracts to fuel AI expansion across Europe and US markets

Netherlands-based data center operator Nebius is capitalizing on multi-billion dollar contracts with Microsoft and Meta to accelerate its AI infrastructure business. The $17 billion Microsoft deal and $3 billion Meta tie-up have driven the company's stock up 248% this year, pushing its market capitalization past $25 billion as it positions itself as Europe's biggest neocloud provider.

2 Sources

ETHZilla acquires 20% stake in Karus to bring AI-modeled auto loans onchain by 2026

Crypto treasury company ETHZilla has acquired a 20% stake in automotive-finance AI startup Karus for $10 million, combining $3 million in cash and $7 million in stock. The deal grants ETHZilla access to Karus's AI underwriting engine trained on over 20 million auto-loan outcomes, positioning the company to launch tokenized auto-loan portfolios in early 2026 with onchain settlement and transparent risk analytics.

2 Sources

Microsoft slashes AI sales targets as enterprises resist paying premium for unproven agents

Microsoft has cut AI sales growth targets by up to 50% after most Azure salespeople missed ambitious quotas for its Foundry platform. The move signals enterprise customers aren't ready to pay premium prices for AI agents that still struggle with real-world tasks. The company's stock dropped over 2.5% following the report, reflecting broader investor concerns about converting AI hype into actual revenue.

10 Sources

Americans turn to AI for financial advice but trust remains with human advisors

Two-thirds of Americans now use AI for money advice, from budgeting to retirement planning, with usage jumping to 82% among Gen Z and millennials. But trust tells a different story: 56% still prefer human advisors for retirement plans while only 13% trust AI alone. The robo-advisor market reached $1.4 trillion in 2024, yet concerns about emotional intelligence, data privacy, and algorithmic transparency persist as financial anxiety climbs.

3 Sources

Anthropic Engineers Reveal AI Productivity Gains Come With Deep Concerns About Job Security

Anthropic conducted an internal study of 132 engineers to understand how AI is transforming work at the company. While employees report significant productivity gains and can delegate up to 20% of tasks to Claude Code, they're also expressing concerns about losing technical competence, reduced collaboration with colleagues, and fears of becoming irrelevant as AI capabilities advance.

3 Sources

IBM CEO warns $8 trillion AI data center buildout can't turn a profit at current spending rates

IBM CEO Arvind Krishna questions whether the trillion-dollar AI infrastructure boom makes financial sense. He estimates that 100 gigawatts of planned AI data center capacity would cost $8 trillion and require $800 billion in annual profit just to service debt. With five-year hardware refresh cycles and accelerating depreciation, Krishna warns hyperscalers face unsustainable economics chasing AGI.

5 Sources

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