Oracle's Fusion applications business can't compete in buzz or growth rates compared to Oracle Cloud Infrastructure (OCI), but you'd be wise to pay attention to the software plan. Yes Virginia, Oracle is still a software company.
Hewlett Packard Enterprise gave an upbeat presentation on taking networking share and capitalizing on the AI infrastructure buildout, but its fiscal 2026 revenue growth forecast was lower than expected.
OpenAI will design its own AI accelerators and chips in deal with Broadcom that will start in the second half of 2026 and run through 2029.
Dell Technologies raised its annual revenue growth target to 7% to 9% as it ramps its AI infrastructure business.
CoreWeave said it will acquire Monolith AI Limited, which specializes in AI for engineering in industrial and manufacturing companies.
OpenAI just made AMD a viable counterweight to Nvidia for GPUs. OpenAI said it has inked a 6 gigawatt deal with AMD to provide AMD Instinct GPUs for its AI buildout. The enterprise could use some AI competition.
Hitachi Vantara is embedding AI agents throughout its storage systems, seeing customers embrace more hybrid cloud and on-premise AI architectures and betting on AI at the edge and sovereign AI as growth markets.
OpenAI, Oracle and Softbank have announced 5 new data centers under the Stargate project good for 7 gigawatts of capacity. The data centers will be largely powered by Nvidia-based infrastructure.
Nvidia and OpenAI said they have struck a partnership where OpenAI will deploy at least 10 gigawatts of AI datacenters built on Nvidia's Vera Rubin GPUs. Nvidia will invest up to $100 billion in OpenAI as each gigawatt is deployed.
Nvidia said it will invest $5 billion in Intel and co-develop custom data center and PC products. The move gives Intel more capital and also solidifies its relevance going forward.
Arm launches Lumex, its latest platform for on-device AI and a big bet that inference will move from the cloud to the edge in hybrid deployments.
Oracle's first quarter earnings and revenue fell short of expectations, but remaining performance obligations growth of 359% overshadowed the results. Free cash flow has been negative the last two quarters.
