News - subcat

Council flogs off assets to fund Oracle project
Published in News


Getting rather expensive

West Sussex County Council is selling $31 million of capital assets to fund an Oracle-based transformation project, which has caused a cost overrun of biblical proportions.

Tech oligarchs consider buying TikTok
Published in News
Monday, 27 January 2025 09:53

Tech oligarchs consider buying TikTok


Bytedance still involved 

A new plan which would keep TikTok available in the US, but under the control of a group of companies including Oracle and Microsoft is being negotiated by the White House.

Musk appears to be trying to kill Stargate
Published in AI
Thursday, 23 January 2025 09:05

Musk appears to be trying to kill Stargate


Vested interest

Elon [Roman salute] Musk appears to be using his position as Donald Trump’s budget advisor to sabotage his rival’s mega AI plans, Stargate.

OpenAI shares the Volish cloud as Stargate Project launches
Published in Cloud


Microsoft to share

OpenAI is widening its cloud structure to include OpenAI, Oracle, and SoftBank, along with its old chum, Microsoft.

Hyperscalers spending $292 Billion on AI Infrastructure
Published in AI


Still not got customers

The race to scale artificial intelligence infrastructure is accelerating, with hyperscalers, alongside Meta and Oracle, planning to invest $292 billion by 2025 — an 88 per cent increase since 2023.

US is making consumers pay for corporate data centre plans
Published in News


It is the American way

The US has a novel way of funding big IT company data centres and AI plans: it hikes ordinary people's power bills.

IBM shares fall on mixed results
Published in News
Friday, 25 October 2024 09:49

IBM shares fall on mixed results


Propped up by Red Hat

Biggish Blue shares dropped more than six per cent yesterday as the cocaine nose jobs of Wall Street were worried about the outfit’s mixed earnings report for the third quarter.

Oracle goes “all in” for AI surveillance
Published in News
Tuesday, 17 September 2024 10:11

Oracle goes “all in” for AI surveillance


Just when you think the company could not be more popular

Just when you think Oracle could not become more popular with the great unwashed, its cofounder Larry Ellison decides to get the company involved with mass AI surveillance.

Oracle project close to bankrupting Birmingham
Published in News
Thursday, 07 September 2023 11:25

Oracle project close to bankrupting Birmingham


No one saw that one coming

Birmingham City Council, the largest local authority in Europe, has declared itself in financial distress after an Oracle project costs ballooned from $25 million to around $125.5 million.

Oracle adapts database to work with Ampere chips
Published in PC Hardware


x86 has reached its limits

Oracle said that it has modified its flagship database software to work on a new category of computing chip, starting with chips from Ampere Computing.