Topic: corporate earnings
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OpenAI & Oracle Strike $300B "Project Stargate" Cloud Deal
OpenAI and Oracle have entered a $300 billion cloud computing agreement over five years to support next-generation AI infrastructure. The partnership, known as "Project Stargate," involves building data centers with 4.5 gigawatts of power and aligns with OpenAI's projected $12.7 billion revenue t...
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Europe Fines Google €2.95B for Adtech Monopoly Despite Trump Threats
The European Commission has fined Google €2.95 billion for anti-competitive behavior in its advertising technology, favoring its own services like Google Ad Exchange since at least 2014. Google must stop these practices and submit a compliance plan within 60 days, with the EU warning of further a...
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