AI Investment
Atlassian follows Block’s footsteps and cuts staff in the name of AI
Atlassian laid off 10% of its workforce, around 1,600 people, as the company looks to funnel more funds to AI.
Nvidia Will Spend $26 Billion to Build Open-Weight AI Models, Filings Show
The move could position the AI infrastructure powerhouse to quickly compete with OpenAI, Anthropic, and DeepSeek.
Oracle Axing Huge Number of Jobs as AI Crisis Intensifies
A data center project reportedly triggered a "cash crunch." The post Oracle Axing Huge Number of Jobs as AI Crisis Intensifies appeared first on Futurism .
Hyundai Commits to $6.1B for AI, Robotics Hub in Korea
The automaker earmarked five areas for the investment, the largest of which is for AI center infrastructure.
OpenAI Unveils $110B in Funding, Expands AWS Partnership
The deal is one of the largest private financing rounds in history, coming amidst a rapid spike in AI investment.
Scaling AI for everyone
Today we’re announcing $110B in new investment at a $730B pre money valuation. This includes $30B from SoftBank, $30B from NVIDIA, and $50B from Amazon.
Seizing the AI opportunity
Meeting the demands of the Intelligence Age will require strategic investment in energy and infrastructure. OpenAI’s submission to the White House details how expanding capacity and workforce readiness can sustain U.S. leadership in AI and economic growth.