Oracle Plans 30,000 Layoffs to Fund $50B AI Data Center Bet
Oracle is cutting up to 30,000 jobs to free $8-10 billion in cash flow for AI data centers, the largest AI-driven corporate restructuring announced to date.
News
China Unveils $70B AI and Chip Subsidy to Counter US Controls
China announced up to $70 billion in semiconductor and AI subsidies during the Two Sessions - one of the largest government chip programs in history, aimed at full self-sufficiency as US export controls tighten.
OpenAI Launches Codex Security, 14 Days After Anthropic
OpenAI launches Codex Security in research preview, scanning 1.2M commits and finding 11,353 critical and high-severity vulnerabilities. The AI vulnerability arms race is officially on.
US Drafts Rules Requiring Permits for All AI Chip Exports
The Commerce Department has drafted regulations requiring government approval for all AI chip exports worldwide - not just to China - giving Washington unprecedented gatekeeper power over global AI development.
Pentagon Names DOGE Vet Kliger as AI Chief
Gavin Kliger, a former DOGE official who reposted white supremacist content, is now the Pentagon's chief data officer and top AI decision-maker.
Meta Opens WhatsApp AI API Under EU Pressure - For a Price
Meta reversed its WhatsApp ban on rival AI chatbots in Europe and Brazil, but now charges rivals up to €0.13 per message - pricing critics call a disguised ban.
