AI bet goes awry: Oracle fires 21,000 employees
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July 23, 2026
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Oracle laid off ~13% of its staff to fund a $300B computing deal with OpenAI. Now, a credit downgrade and $7B in requir…
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ServiceNow raises annual subscription revenue forecast again on AI-driven demand
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July 22, 2026
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ServiceNow on Wednesday raised its forecast for annual subscription revenue for the second time after beating second-qu…
Travis Kalanick's robotics company raises $1.7B, led by a16z
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July 22, 2026
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Uber is also investing in Travis Kalanick's company Atoms, which has made gauzy claims about using industrial AI to…
IBM lowers full-year forecast after earnings warning
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July 22, 2026
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IBM is now looking to improve productivity with artificial intelligence, including with a new coding tool called Bob. …
Treasury Secretary: The US could sanction Chinese AI companies
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July 21, 2026
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Treasury Secretary Scott Bessent said the Trump administration is looking into whether Chinese open source AI models we…
Inside the AI boom: A talent chief's playbook for winning in the job market
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July 20, 2026
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An AI talent chief says employers increasingly value curiosity, adaptability and AI skills over years of experience as …
The AI revolution takes on the world’s most cyclical industry
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July 19, 2026
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Massive investment plans lead to investor fears of a new boom and bust in memory chips Artificial Intelligence https…
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