Council flogs off assets to fund Oracle project
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
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
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
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
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
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
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
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
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
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.