Tag: Oracle
ASML to Cut Around 1,700 Jobs in AI‑Driven Reorganisation
ASML, the Dutch semiconductor‑equipment giant that holds a near‑monopoly on advanced lithography tools used to manufacture cutting‑edge chips, is planning to cut roughly 1,700 jobs, or about 4 per cent of its 44,000‑person workforce. The move was announced in January alongside the company’s record full‑year revenue of €32.7 billion and signals a major internal reorganisation aimed at streamlining operations even as demand for advanced...
MeitY Proposes Continuous Labelling for AI‑Generated Content
The Ministry of Electronics and Information Technology (MeitY) has proposed that all content generated with the help of artificial intelligence carry a continuous and clearly visible label alerting users that the material has been synthetically created. The draft amendment to the Information Technology Rules (Intermediary Guidelines and Digital Media Ethics Code), 2021 requires that the labelling must remain on display for the entire duration...
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...
