Oracle signs a $30 billion annual cloud deal to lease 4.5GW of computing power to OpenAI for the Stargate data center, aiming to double Oracle’s cloud sales by 2028. OpenAI’s Stargate expansion, in partnership with Oracle and SoftBank, will build massive AI infrastructure in Texas, reinforcing a sovereign AI push and multi-cloud strategies. Distributed cloud…
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Microsoft laid off over 9,000 employees (about 4% of its global workforce) across Xbox/Microsoft Gaming, King, Bethesda, Rare, Undead Labs, Turn 10 Studios, as part of a shift toward AI and cost optimization. The layoffs were accompanied by cancellations and studio closures, including Perfect Dark reboot cancellation and The Initiative closure, Everwild scrapped, and ZeniMax…
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In late June 2025, Xiaomi unveiled the YU7 EV, its first electric SUV, alongside the Smart Band 10 fitness tracker and prototype Xiaomi AI smart glasses. Samsara announced the Samsara Wearable at its Beyond conference on June 24, 2025, a rugged safety device with over one year of battery life that detects falls and alerts…
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