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Accenture is cutting staff it can’t retrain in the age of AI — but it still plans to hire more people

Accenture is cutting staff it can’t retrain in the age of AI — but it still plans to hire more people

by Chris DeMunbrun | Sep 26, 2025 | AI News

[[{“value”:” Business Insider tells the innovative stories you want to know Business Insider tells the innovative stories you want to know Business Insider tells the innovative stories you want to know Business Insider tells the innovative stories...
David Einhorn Sees ‘Tremendous’ Capital Losses From AI Spending

David Einhorn Sees ‘Tremendous’ Capital Losses From AI Spending

by Chris DeMunbrun | Sep 25, 2025 | AI News

Hedge fund manager David Einhorn cautioned that the unprecedented amount of spending on artificial intelligence infrastructure may destroy vast amounts of capital, even if the technology itself proves transformative. 
Sam Altman wants to build 1 gigawatt of ‘AI infrastructure’ a week — enough to power 876,000 households a year

Sam Altman wants to build 1 gigawatt of ‘AI infrastructure’ a week — enough to power 876,000 households a year

by Chris DeMunbrun | Sep 23, 2025 | AI News

[[{“value”:” Business Insider tells the innovative stories you want to know Business Insider tells the innovative stories you want to know Business Insider tells the innovative stories you want to know Business Insider tells the innovative stories...
OpenAI is building five new Stargate data centers with Oracle and SoftBank

OpenAI is building five new Stargate data centers with Oracle and SoftBank

by Chris DeMunbrun | Sep 23, 2025 | AI News

In Brief Posted: 3:24 PM PDT · September 23, 2025 OpenAI announced on Tuesday that it plans to build five new AI data centers across the United States with partners Oracle and SoftBank through its Stargate project. The new data centers will bring Stargate’s planned...
OpenAI, Oracle reveal first Stargate data center in Texas: report (ORCL:NYSE)

OpenAI, Oracle reveal first Stargate data center in Texas: report (ORCL:NYSE)

by Chris DeMunbrun | Sep 23, 2025 | AI News

Stargate, a massive $500B joint venture between Microsoft-backed (MSFT) OpenAI, Oracle (ORCL) and SoftBank Group (SFTBY)(SFTBF), revealed the inner workings of its first large-scale data center, located in Abilene, Texas. 
In OpenAI Megadeal, Nvidia Discusses a New Business Model: Chip Leasing

In OpenAI Megadeal, Nvidia Discusses a New Business Model: Chip Leasing

by Chris DeMunbrun | Sep 23, 2025 | AI News

OpenAI and Nvidia are discussing an unusual way to structure their new artificial intelligence data center partnership, under which OpenAI would lease Nvidia’s AI chips rather than buying them, according to two people who spoke to executives at the companies about it....
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