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Harvard economist Jason Furman's analysis reveals that AI and data center-related spending accounted for nearly all US GDP growth in early 2025, raising questions about the sustainability and narrowness of this tech-driven expansion.
Microsoft announces significant updates to OneDrive, including a new Windows app, AI-powered photo management, and improved file sharing capabilities. These changes aim to enhance user experience and productivity across desktop and mobile platforms.
Google announces a significant €5 billion investment in Belgium, focusing on expanding AI and cloud infrastructure. The project aims to create 300 new jobs and strengthen Belgium's position as a European digital hub.
CoreWeave introduces Serverless RL, a fully managed reinforcement learning platform for training AI agents. The service offers faster training times and lower costs compared to traditional methods, attracting interest from various enterprises and boosting the company's stock.
Oracle NetSuite announces a major overhaul of its cloud ERP suite with NetSuite Next, introducing AI-driven features and a new user experience. The update aims to improve productivity, insights, and automation for businesses.
Oracle's stock drops as reports reveal low profit margins in its AI cloud business. The company's massive investment in Nvidia chips for AI infrastructure raises questions about the sustainability of its ambitious expansion plans.
Dell Technologies significantly raises its long-term revenue and profit growth projections, citing strong demand for AI servers. The company expects to capitalize on the booming AI infrastructure market, with plans to reach a $20 billion run-rate in AI server shipments by 2026.
IREN Limited's stock surges as the company pivots from Bitcoin mining to AI cloud services, fueled by massive GPU purchases and lucrative contracts with major AI companies.
As AI rapidly advances, concerns grow over the concentration of power in the hands of a few tech giants. Critics argue for urgent action to break up 'Big AI' to protect innovation, competition, and democratic values.
Oracle introduces role-based AI agents to enhance customer experience and automate workflows in its Fusion Cloud applications. The new agents, available at no additional cost, aim to improve personalization, productivity, and revenue opportunities.
Industry experts warn of a potential 10-year shortage in NAND flash and DRAM due to surging AI demand. This could lead to significant price increases for SSDs, RAM, and various electronic devices.
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