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Oracle Signs Cloud Deal Targeting $30B Revenue by 2028
Oracle has signed a landmark cloud-services agreement that is expected to generate more than $30 billion in annual revenue by 2028. This announcement, made by Oracle CEO Safra Catz, highlights the company’s ongoing growth in the cloud sector. In a filing with the U.S. Securities and Exchange Commission, Catz revealed...
Blaize to Power 250K AI Surveillance Devices in Southeast Asia
Blaize Holdings, Inc., a leader in edge AI computing, has announced a major contract for the deployment of its edge AI platform across more than 250,000 intelligent surveillance endpoints in Southeast Asia. Set to begin in Q2 2025 and continue through 2026, this deployment will support the transformation of real-time...
SiTime Launches TimeFabric for AI Data Center Sync
SiTime Corporation, a leader in precision timing technology, has launched its innovative TimeFabric™ software suite, designed to significantly enhance time synchronization capabilities in advanced systems, particularly in AI data centers. Combining SiTime’s high-precision oscillators and clocks with its new software, TimeFabric offers up to nine times more accurate synchronization than...
Half of $7.5 billion Magnetar Financial Is in an AI Stock Up 300% in 2025
CoreWeave, a cloud-computing- startup specializing in AI infrastructure, has seen a stunning 300% surge in its stock price since its IPO in March 2025. Initially a cryptocurrency mining venture, the company pivoted to AI in 2019 and now provides GPU-powered data centers essential for AI workloads. The IPO raised $1.5...
