A busy day in tech biz. Amazon is shaking up its top AI leadership as Rohit Prasad departs. Meanwhile, Oracle’s massive $10 billion data center project faces a funding snag. And in a surprise move, the Oscars are leaving ABC for YouTube.
In a bold bid to catch up in the AI software race, AMD is offering its next-gen “Strix Halo” laptops as bug bounty prizes. The company is also publishing early Linux driver patches for its future GPUs, signaling a new open-source push.
US Senator Bernie Sanders is proposing a nationwide moratorium on datacenter construction to slow the AI boom. He warns AI could eliminate nearly 100 million US jobs and is driven by billionaire interests. The tech industry, predictably, is pushing back hard.
Google has launched Gemini 3 Flash, a new AI model promising massive speed and cost advantages over its predecessors. It’s aimed squarely at developers for coding, gaming, and enterprise tasks. But in the race against OpenAI and others, raw speed might not be the only thing that matters.
Amazon is in talks to invest at least $10 billion into OpenAI, a deal experts call a “framework” for circular financing. The move aims to validate Amazon’s AI chips while giving OpenAI the compute it desperately needs without cash.
A Financial Times report claims funding for a massive Oracle data center for OpenAI has stalled, sparking a broad sell-off in AI and tech stocks. Oracle denies the report, but investor anxiety about soaring AI debt is clearly mounting.
Google has announced Gemini 3 Flash, a new AI model built for speed and lower cost. It scores highly on expert-level benchmarks and is now available for developers and in the Gemini app.
Fundvis, a Luxembourg-based FundTech firm, has raised €2.12 million. The capital will fuel product development and European expansion for its AI-driven fund oversight platform.
Google Labs has announced a new AI productivity experiment called CC. It connects to your Gmail, Google Calendar, and Google Drive to send a personalized “Your Day Ahead” briefing each morning. For now, it’s a waitlist-only test for users in the US and Canada.
The AI infrastructure darling’s stock has plummeted 56% since its hot March IPO. Investors are getting spooked by massive debt, construction delays, and circular financing that looks a lot like the dot-com era.
