Oracle caps additional AI funding at USD 20 billion, expands chip supply deal with Nvidia
Chief Financial Officer Hilary Maxson said Oracle expects free cash flow to turn positive in the second half of 2028 and exceed USD 30 billion in 2029...
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Amazon’s AI spending fuels USD 42.4 billion cash burn, expenditure to increase further
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Amazon reported a cash burn of USD 7.6 billion in the second quarter, while it generated USD 14.8 billion in cash in the third quarter of 2025...
Online Safety Act: Meta, TikTok and X lose UK legal challenge against Ofcom’s regulatory actions
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Through their lawsuits, the companies argued that the regulator's requests for detailed information on content moderation were disproportionate...
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