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Oracle has reportedly initiated a massive global layoff affecting between 20,000 and 30,000 employees roughly 18% of its total workforce. The cuts are widely attributed to a strategic shift where the company is redirecting billions of dollars toward artificial intelligence (AI) infrastructure and data center expansion. 🎥 Katile!

The Kenyan Vigilante

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21,767 次观看 • 4 个月前 •via X (Twitter)

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Microsoft is laying off around 4,800 employees, about 2% of its global workforce. The cuts are hitting sales teams and Xbox especially hard, with roughly 1,600 jobs affected in the gaming division alone. Microsoft says the layoffs are not because AI is replacing those roles, but acknowledges AI is changing how work gets done as the company continues pouring billions into AI infrastructure. Source: Business Insider YT / Writer: Lynn

Microsoft is laying off around 4,800 employees, about 2% of its global workforce. The cuts are hitting sales teams and Xbox especially hard, with roughly 1,600 jobs affected in the gaming division alone. Microsoft says the layoffs are not because AI is replacing those roles, but acknowledges AI is changing how work gets done as the company continues pouring billions into AI infrastructure. Source: Business Insider YT / Writer: Lynn

Mario Nawfal

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Meta plans to lay off roughly 8,000 employees, or 10% of its workforce, in a move to slash costs as the technology company invests more in artificial intelligence. As CBS News' Kelly O'Grady reports, the company is also planning a hiring freeze.

Meta plans to lay off roughly 8,000 employees, or 10% of its workforce, in a move to slash costs as the technology company invests more in artificial intelligence. As CBS News' Kelly O'Grady reports, the company is also planning a hiring freeze.

CBS News

25,811 次观看 • 4 个月前

Snapchat is laying off over 1,000 employees and replacing their jobs with artificial intelligence “Snap's CEO says the company is looking to slash costs by half a billion dollars. The company says more than half of its code is currently produced by artificial intelligence” This represents about 16% of its full-time workforce AI customer service agents are already responding to over 1 million internal queries per month This cut to their workforce came after pressure from investor Irenic Capital Management

Snapchat is laying off over 1,000 employees and replacing their jobs with artificial intelligence “Snap's CEO says the company is looking to slash costs by half a billion dollars. The company says more than half of its code is currently produced by artificial intelligence” This represents about 16% of its full-time workforce AI customer service agents are already responding to over 1 million internal queries per month This cut to their workforce came after pressure from investor Irenic Capital Management

Wall Street Apes

49,497 次观看 • 4 个月前

Oracle has predicted that the AI data center boom will power its revenue above Wall Street estimates well into 2027, while artificial intelligence firm Anthropic is suing the US government. Here is a round up of the latest stories from the AI revolution

Oracle has predicted that the AI data center boom will power its revenue above Wall Street estimates well into 2027, while artificial intelligence firm Anthropic is suing the US government. Here is a round up of the latest stories from the AI revolution

Reuters

23,705 次观看 • 5 个月前

When government redefines “infrastructure” to include AI and data systems, the impacts are not abstract. Workers face displacement, and vulnerable Canadians risk being shut out as essential services move toward AI-enabled, digital-only models. Yet Parliament was never given the opportunity to debate or approve this $10-billion expansion of the Canada Infrastructure Bank’s mandate. Even the Minister of Infrastructure has acknowledged there is no bill authorizing this sweeping change. Redefining how billions in public dollars are allocated is not a technical adjustment. It is a fundamental policy shift, and Canadians deserve clarity, transparency, and full parliamentary accountability when changes of this magnitude are made.

When government redefines “infrastructure” to include AI and data systems, the impacts are not abstract. Workers face displacement, and vulnerable Canadians risk being shut out as essential services move toward AI-enabled, digital-only models. Yet Parliament was never given the opportunity to debate or approve this $10-billion expansion of the Canada Infrastructure Bank’s mandate. Even the Minister of Infrastructure has acknowledged there is no bill authorizing this sweeping change. Redefining how billions in public dollars are allocated is not a technical adjustment. It is a fundamental policy shift, and Canadians deserve clarity, transparency, and full parliamentary accountability when changes of this magnitude are made.

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Trump isn’t just pushing AI data centers, he’s invested in them. Financial disclosure records show he personally owns millions of dollars in companies tied to the data center industry, including operators, hardware suppliers, and power and cooling infrastructure. It doesn’t stop there. Don Jr. and Eric launched American Data Centers through Dominari Holdings as the Trump administration accelerated a massive expansion of AI infrastructure.

Trump isn’t just pushing AI data centers, he’s invested in them. Financial disclosure records show he personally owns millions of dollars in companies tied to the data center industry, including operators, hardware suppliers, and power and cooling infrastructure. It doesn’t stop there. Don Jr. and Eric launched American Data Centers through Dominari Holdings as the Trump administration accelerated a massive expansion of AI infrastructure.

Christopher Webb

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CEO of C.H. Robinson, a major global logistics and freight brokerage company says all their quoting agents are now 100% AI Artificial intelligence handle 100% of customer service quotes in an average of 31 seconds This is going to be catastrophic for the American workforce, AI is already replacing large portions of customer service work in big companies

CEO of C.H. Robinson, a major global logistics and freight brokerage company says all their quoting agents are now 100% AI Artificial intelligence handle 100% of customer service quotes in an average of 31 seconds This is going to be catastrophic for the American workforce, AI is already replacing large portions of customer service work in big companies

Wall Street Apes

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"This is very bad for the AI bubble" with Ed Zitron. Ed Elson: "Meta is reportedly planning a cloud business to sell its excess AI capacity. The company has poured billions into its AI infrastructure, and until now, Meta has maintained that all of those investments and the resulting compute capacity would be used for internal purposes. But clearly now, something has changed."

"This is very bad for the AI bubble" with Ed Zitron. Ed Elson: "Meta is reportedly planning a cloud business to sell its excess AI capacity. The company has poured billions into its AI infrastructure, and until now, Meta has maintained that all of those investments and the resulting compute capacity would be used for internal purposes. But clearly now, something has changed."

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Nvidia continues to dominate the AI industry with record earnings, explosive data center growth, and massive demand for compute. But the bigger story is what’s happening globally behind the scenes. China is aggressively competing with the United States on AI infrastructure, power generation, and data center expansion and they don’t want to rely on American chips to do it. This is no longer just about stocks it’s a global race for AI dominance.

Nvidia continues to dominate the AI industry with record earnings, explosive data center growth, and massive demand for compute. But the bigger story is what’s happening globally behind the scenes. China is aggressively competing with the United States on AI infrastructure, power generation, and data center expansion and they don’t want to rely on American chips to do it. This is no longer just about stocks it’s a global race for AI dominance.

Kevin O'Leary aka Mr. Wonderful

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Novaex AI: Powering the Next Generation of Intelligent Investment Novaex AI is dedicated to building a new generation of intelligent investment infrastructure. Through artificial intelligence and quantitative technology it drives the evolution of investment methods towards automation datafication, and systematization. Build a future oriented intelligent investment infrastructure using artificial intelligence and quantitative models. #NovaexAI #IntelligentInvesting #AIInfrastructure #QuantitativeFinance #FutureOfInvesting

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Novaex_AI

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Today we got details of one of the biggest AI deals of the year: Stargate UAE, a mega data center project being built by G42 in Abu Dhabi in partnership with OpenAI, NVIDIA, Oracle, SoftBank, and Cisco. It marks the first and largest Stargate facility outside the U.S.—and a bold step in creating global AI infrastructure.

Today we got details of one of the biggest AI deals of the year: Stargate UAE, a mega data center project being built by G42 in Abu Dhabi in partnership with OpenAI, NVIDIA, Oracle, SoftBank, and Cisco. It marks the first and largest Stargate facility outside the U.S.—and a bold step in creating global AI infrastructure.

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One of the (many) reasons I think people are so anti-AI is that it’s a gratuitous display of wealth inequality. The average person’s life is difficult, expensive, and getting any kind of loan sucks - unless you’re raising billions of dollars to build an AI data center.

One of the (many) reasons I think people are so anti-AI is that it’s a gratuitous display of wealth inequality. The average person’s life is difficult, expensive, and getting any kind of loan sucks - unless you’re raising billions of dollars to build an AI data center.

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Amid growing concerns about the use of artificial intelligence, OpenAI says its AI models escaped its testing environment and launched a cyber attack on another AI company, marking what could be a first of its kind incident. Elizabeth Schulze has details.

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World News Tonight

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I launched my High-Level Advisory Body on Artificial Intelligence. This is the starting point for a global conversation on the governance of AI, so that its benefits to all of humanity are maximized, and the risks contained & diminished.

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CNBC: How GE Vernova builds the massive gas turbines powering the AI data center boom > GE Vernova’s $GEV order book is full until 2029, with orders going as far out as 2031. > Hyperscalers like Amazon, Google, Microsoft and Oracle are lining up to buy the company’s gas turbines to help power AI data centers. > Executives from nearly every major hyperscaler have walked the floor of the factory, according to a person familiar with the visits, who asked not to be named because the details are not public. > The turbines are massive, at 31 feet tall and weighing 280 tons. One turbine can power roughly half a million homes. > Microsoft just bought seven of them to power its data center in Texas. At 2.7 gigawatts, it’s enough electricity to power about 3 million homes. > "About 20% of our gas power order book is going to a data center, artificial intelligence-type of application." - Koziner, Chief Commercial and Operations Officer of GE Vernova. > One turbine can cost more than $250 million, according to industry estimates. The price has soared, up 300% in the last 3 years, according to analysts at Melius.

CNBC: How GE Vernova builds the massive gas turbines powering the AI data center boom > GE Vernova’s $GEV order book is full until 2029, with orders going as far out as 2031. > Hyperscalers like Amazon, Google, Microsoft and Oracle are lining up to buy the company’s gas turbines to help power AI data centers. > Executives from nearly every major hyperscaler have walked the floor of the factory, according to a person familiar with the visits, who asked not to be named because the details are not public. > The turbines are massive, at 31 feet tall and weighing 280 tons. One turbine can power roughly half a million homes. > Microsoft just bought seven of them to power its data center in Texas. At 2.7 gigawatts, it’s enough electricity to power about 3 million homes. > "About 20% of our gas power order book is going to a data center, artificial intelligence-type of application." - Koziner, Chief Commercial and Operations Officer of GE Vernova. > One turbine can cost more than $250 million, according to industry estimates. The price has soared, up 300% in the last 3 years, according to analysts at Melius.

P Equity Research 📰

54,678 次观看 • 2 个月前

🇮🇷The IRGC reportedly threatened to “completely annihilate” the $30 billion Stargate AI data center in Abu Dhabi. This massive US-UAE-Japan backed project is now squarely in Tehran’s crosshairs after recent Iranian strikes on Gulf data centers. The regime is openly threatening a shift to targeting tech infrastructure. This is a dangerous escalation. Source: Times of India Video: artificialintelligenceeee

🇮🇷The IRGC reportedly threatened to “completely annihilate” the $30 billion Stargate AI data center in Abu Dhabi. This massive US-UAE-Japan backed project is now squarely in Tehran’s crosshairs after recent Iranian strikes on Gulf data centers. The regime is openly threatening a shift to targeting tech infrastructure. This is a dangerous escalation. Source: Times of India Video: artificialintelligenceeee

Mario Nawfal

541,632 次观看 • 4 个月前

Okay, this is actually insane Recent UnitedHealthcare lawsuit reveals that the company KNOWINGLY has been using faulty artificial intelligence to deny claims to increase profitability. The AI they’ve been using HAS A 90% INACCURACY RATE “The company knowingly used artificial intelligence. That that was faulty. That's where this comes out of. It comes out of litigation” “Separate litigation that they knowingly used faulty artificial intelligence to deny claims that were legitimate to increase profitability. That is a big deal. — This is very, very overt artificial intelligence tool with 90% inaccuracy” “It's a sinister thing.”

Okay, this is actually insane Recent UnitedHealthcare lawsuit reveals that the company KNOWINGLY has been using faulty artificial intelligence to deny claims to increase profitability. The AI they’ve been using HAS A 90% INACCURACY RATE “The company knowingly used artificial intelligence. That that was faulty. That's where this comes out of. It comes out of litigation” “Separate litigation that they knowingly used faulty artificial intelligence to deny claims that were legitimate to increase profitability. That is a big deal. — This is very, very overt artificial intelligence tool with 90% inaccuracy” “It's a sinister thing.”

Wall Street Apes

461,393 次观看 • 1 年前

🚨BREAKING: A business owner in Spartan has reportedly decided not to hire South African workers after parting ways with undocumented foreign employees. The owner has also declined requests from members of the March and March Movement to reopen the business and recruit local residents. According to the owner, although the former employees have already left the country, he has chosen to keep the company closed rather than employ a new workforce. This decision reportedly led to a heated confrontation between the business owner and members of the local community.

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Village Guluva

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🚨🇺🇸 🇮🇷 THE STRATEGIC ALLIANCE: RUSSIA AND CHINA’S ROLE It is confirmed that Russia and China are providing critical early warning and intelligence data to Tehran, as detailed by Andrei Martyanov. While the Iranian navy's surface fleet is antiquated, the Islamic Revolutionary Guard Corps operates modern and effective sea drones. The closure of the Strait of Hormuz represents a massive tectonic shift in global energy security.

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78,422 次观看 • 5 个月前