AI CapEx

Twitter

Facebook

Copy Link

Top News

Western Digital unveils HDD tech roadmap with 100TB drives and flash-like performance for AI

Western Digital revealed breakthrough hard drive innovations at Innovation Day 2026, introducing High Bandwidth Drive Technology and Dual Pivot design that promise to deliver flash-like performance for AI workloads. The company's new storage roadmap targets 100TB capacity by 2029 while addressing the growing demands of AI-driven data storage with 4x throughput gains and 20% power reduction.

Technology7 sources

Western Digital unveils HDD tech roadmap with 100TB drives and flash-like performance for AI

Technology7 sources

Oracle weighs cutting up to 30,000 jobs to fund $156 billion AI data centre expansion

Oracle is considering layoffs of 20,000 to 30,000 employees to fund its aggressive AI data centre buildout, according to TD Cowen research. The job cuts could free up $8-10 billion in cash flow as US banks withdraw funding support and investor concerns mount over the company's ability to finance its massive AI push.

Business3 sources

Oracle weighs cutting up to 30,000 jobs to fund $156 billion AI data centre expansion

Business3 sources

Oracle unveils $50 billion AI funding plan as investors worry about mounting debt and OpenAI exposure

Oracle announced plans to raise $45 billion to $50 billion in 2026 through a combination of debt and equity sales to expand cloud infrastructure for AI workloads. The software giant kicked off a $20-$25 billion bond sale, but shares fell 4% as investors expressed concerns about its rising debt load and heavy reliance on OpenAI's ability to meet financial commitments.

Business11 sources

Oracle unveils $50 billion AI funding plan as investors worry about mounting debt and OpenAI exposure

Business11 sources

Prev 1…27 28 2930Next