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OpenAI announces GPT-5 with unprecedented reasoning capabilitiesGoogle DeepMind achieves breakthrough in protein folding for rare diseasesEU passes landmark AI Safety Act with global implicationsAnthropic raises $7B as enterprise demand for Claude surgesMeta open-sources Llama 4 with 1T parameter modelNVIDIA unveils next-gen Blackwell Ultra chips for AI data centersApple integrates on-device AI across entire product lineupSam Altman testifies before Congress on AI regulation frameworkMistral AI reaches $10B valuation after Series C funding roundStability AI launches video generation model rivaling SoraOpenAI announces GPT-5 with unprecedented reasoning capabilitiesGoogle DeepMind achieves breakthrough in protein folding for rare diseasesEU passes landmark AI Safety Act with global implicationsAnthropic raises $7B as enterprise demand for Claude surgesMeta open-sources Llama 4 with 1T parameter modelNVIDIA unveils next-gen Blackwell Ultra chips for AI data centersApple integrates on-device AI across entire product lineupSam Altman testifies before Congress on AI regulation frameworkMistral AI reaches $10B valuation after Series C funding roundStability AI launches video generation model rivaling Sora

Cloud

2 articles tagged "Cloud"

Oracle to Cut 20,000–30,000 Jobs to Fund $10 Billion AI Infrastructure Buildout
Industry2 min read

Oracle to Cut 20,000–30,000 Jobs to Fund $10 Billion AI Infrastructure Buildout

Oracle is planning one of its largest-ever workforce reductions — between 20,000 and 30,000 employees — to free up $8–10 billion for a multi-year AI infrastructure investment. The cuts, beginning in March 2026, follow Oracle's announcement of a $6.5 billion AI data center expansion and signal a broader industry trend: hyperscalers are trading human headcount for compute capacity. Block, the fintech holding company behind Square and Cash App, similarly cut 4,000 employees — 40% of its workforce — with CEO Jack Dorsey explicitly stating that AI tools now perform the same work at lower cost.

Alex KimAlex Kim2 min read
Railway Raises $100M Series B to Build 'Agentic-Speed' Cloud That Undercuts AWS by 50%
Startups

Railway Raises $100M Series B to Build 'Agentic-Speed' Cloud That Undercuts AWS by 50%

Cloud deployment startup Railway has closed a $100 million Series B led by TQ Ventures — with backing from Redpoint, FPV Ventures, and angel investors including GitHub co-founder Tom Preston-Werner and Vercel CEO Guillermo Rauch — to build what it describes as cloud infrastructure purpose-built for the agentic AI era. The 30-person company, which has attracted 2 million developers with zero marketing spend, reports sub-second deployment times and claims 50% cost savings versus AWS. Railway's central thesis: current cloud primitives were designed for human-authored code deployed on weekly release cycles, not for AI agents that generate and ship code continuously. The new capital will fund global data center expansion, team growth, and a conventional go-to-market motion targeting enterprise customers.

David Park