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Oracle cut 21,000 jobs this year and its SEC filing explicitly blames AI

Artificial Intelligence, Business, Digital Marketing, Future of work, Next Featured, oracle, SEO Tips, Technology /

Oracle’s global workforce fell to 141,000 full-time employees as of 31 May 2026, down from 162,000 a year earlier, a net reduction of roughly 21,000 people. The company’s annual regulatory filing stated plainly that “the adoption and deployment of AI technologies across our operations have resulted, and may continue to result, in reductions to our workforce.” It […]

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Google is simultaneously the most dominant and most vulnerable it has ever been

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Google’s financial performance has never been stronger. Alphabet posted $109.9 billion in revenue in the first quarter of 2026, up 22 per cent year on year, the fastest growth rate in any quarter since 2022, with search advertising revenue climbing 19.1 per cent and queries hitting an all-time high. And yet the week before these numbers […]

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Stark Defence raises €500M led by Sequoia and Founders Fund at a valuation above €3.5 billion

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Stark Defence, the Berlin-based strike drone startup founded in 2024, has raised €500 million in a round led by Sequoia Capital and Peter Thiel’s Founders Fund, Bloomberg reported on Monday. The deal values the company at more than three and a half billion euros, roughly triple the €1 billion mark it crossed earlier this year. […]

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Europe’s biggest tech CEOs have formed a standing lobby group with a direct line to von der Leyen

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Seven of Europe’s largest technology companies have created a permanent dialogue with European Commission President Ursula von der Leyen, pressing the bloc to deregulate faster and let European firms consolidate. The group, which calls itself the European Tech Creators, collectively generates €417 billion in annual revenue, represents nearly €1.1 trillion in market capitalisation, and employs close […]

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Honda signs multiyear solid-state battery deal with QuantumScape after scrapping its EV lineup

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Honda R&D, the independent research arm of Honda Motor Company, has signed a multiyear joint research agreement with California-based QuantumScape to develop and manufacture solid-state battery cells. The deal, announced on June 18, makes Honda the second major automaker to formally partner with QuantumScape after Volkswagen. The agreement follows Honda’s completion of an in-depth technology […]

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HaloBraid raises $7M to build the first robotic braiding assistant for hair salons

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HaloBraid, a robotics startup that builds an automated braiding assistant for hair salons, has raised seven million dollars in a seed round led by Reddit co-founder Alexis Ohanian’s venture firm Seven Seven Six. The device works alongside professional stylists rather than replacing them: a braider starts each braid by hand and then hands off to […]

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Meta launches its own smart glasses brand at $299, breaking from the Ray-Ban name

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Meta has launched smart glasses under its own brand for the first time, pricing the Adventurer and Fury models at $299 each. The glasses match the hardware specifications of the Ray-Ban Meta Gen 2, which starts at $359, but ship without the Ray-Ban branding and licensing premium. A third model called Starfire, designed in collaboration […]

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The algorithm has a nose now, and perfume is better for it

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In a former shop on Ginnekenstraat, a pedestrian street in the Dutch city of Breda, you can answer a short questionnaire about yourself and walk out less than an hour later holding a perfume that did not exist when you arrived. The questions are not the ones a sales assistant asks. What colour best represents […]

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Claude’s latest wobble lands in a worse week

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Anthropic says it has identified a fix for elevated errors across multiple Claude models, just as the company is still explaining why it suspended access to Claude Mythos 5 and Claude Fable 5. Anthropic’s status page says the company began investigating elevated error rates across multiple models at 14:19 UTC on 23 June and moved to identified […]

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SpaceX lands $6.3bn compute deal with Reflection AI

Artificial Intelligence, Deep tech, Digital Marketing, Next Featured, nvidia, SEO Tips, Technology, United States /

Reflection AI will pay SpaceX $150mn a month for Nvidia chips at Colossus 2, a deal worth roughly $6.3bn by 2029. The SpaceX Reflection AI deal puts Nvidia on both sides of the trade. SpaceX has signed another giant compute tenant. This time it is Reflection AI, an open-source startup barely two years old. Reflection […]

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