Tag: Oracle

Sarvam AI Startup Programme Fuels Indic AI Builders

Sarvam AI has introduced the Sarvam Startup Programme, providing early-stage companies with up to 12 months of API credits, priority engineering support and production-ready infrastructure to build multilingual AI applications without backend complexities. Founders Vivek Raghavan and Pratyush Kumar positioned the initiative to empower India’s developer ecosystem with high-quality models fluent in 22+ Indian languages and English, enabling full agency in creating voice agents,...

Oracle Layoffs Fund AI Data Centre Push Amid Cash Squeeze

Oracle is planning thousands of job cuts across divisions as it grapples with a cash crunch from aggressive AI data centre buildout to support major clients including a $300 billion OpenAI agreement, xAI and Meta, as Bloomberg News first reported. The reductions, potentially broader than typical rolling cuts, may begin this month and target roles expected to diminish under AI automation, coinciding with an...
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Oracle Users Hit by cl0p Extortion Emails

Oracle has confirmed that some users of its E-Business Suite have received extortion emails from hackers — part of what experts are calling a...

Altman Targets Weekly 1GW AI Infrastructure Build

OpenAI is doubling down on its massive AI infrastructure ambitions under the $500 billion Stargate initiative, announcing five new data center sites in partnership...

OpenAI, Oracle, SoftBank to Launch AI Data Centers

OpenAI, in partnership with Oracle and SoftBank, has revealed plans to build five major AI data center sites in the United States, pushing forward...

Oracle Cuts Cloud Jobs Amid AI Infra Push

Oracle has laid off over 150 employees in its cloud infrastructure division, primarily in the Seattle area, as part of a broader effort to...

Oracle to Power OpenAI with $300B Compute Pact

In what could become one of the most significant cloud contracts in history, OpenAI is reportedly preparing to spend $300 billion over five years...

Accor Rolls Out OPERA Cloud Across 5,600 Hotels

Accor has announced a global rollout of Oracle’s OPERA Cloud Property Management System (PMS) across its portfolio of more than 5,600 hotels in over...

OpenAI, Oracle Expand Stargate With 4.5 GW Data Centre Plan

OpenAI and Oracle have announced plans to build an additional 4.5 gigawatts of AI-focused data centre infrastructure, extending their collaboration under the ambitious Stargate...