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Oracle Stock Soars 36% to $933B Valuation as AI Revenue Projections Hit $144 Billion
Industry News
4 months ago
4 min read

Oracle Stock Soars 36% to $933B Valuation as AI Revenue Projections Hit $144 Billion

Oracle's stock surged 36% Wednesday, adding $244 billion in market value after the company projected cloud infrastructure revenue will reach $144 billion by 2030, up from $18 billion in 2026. The database giant's remaining performance obligations skyrocketed 359% to $455 billion, driven by major AI contracts with OpenAI, Meta, and others.

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FDA Launches First Government-Wide AI Deployment with "Elsa" Platform
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Industry News4 months ago

FDA Launches First Government-Wide AI Deployment with "Elsa" Platform

The U.S. Food and Drug Administration launched "Elsa" this week, becoming the first major government agency to deploy generative AI across its entire workforce. Built within a high-security GovCloud environment, the platform accelerates clinical protocol reviews, summarizes adverse events, and generates code for nonclinical database development, demonstrating enterprise AI viability in highly regulated environments.

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Critical NPM Supply Chain Attack Compromises 2 Billion Weekly Downloads
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Industry News4 months ago

Critical NPM Supply Chain Attack Compromises 2 Billion Weekly Downloads

A sophisticated phishing campaign has breached 20 popular npm packages with over 2 billion weekly downloads, marking one of the most significant supply chain attacks in JavaScript history. The compromise targeted maintainer Josh Junon through fake npm security emails and affects core dependencies used by virtually every Fortune 500 company running Node.js applications.

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Microsoft Breaks OpenAI Exclusivity with Anthropic Claude Integration in Office 365
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Industry News4 months ago

Microsoft Breaks OpenAI Exclusivity with Anthropic Claude Integration in Office 365

Microsoft announced Monday it will integrate Anthropic's Claude AI models directly into Office 365 applications, marking the tech giant's most significant strategic shift in AI partnerships since its $13 billion OpenAI investment. The integration brings Claude capabilities to Word, Excel, Outlook, and PowerPoint alongside existing OpenAI models at the same $30/user monthly pricing.

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Salesforce AI Agents Eliminate 4,000 Support Jobs as Enterprise Automation Reaches Tipping Point
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Industry News4 months ago

Salesforce AI Agents Eliminate 4,000 Support Jobs as Enterprise Automation Reaches Tipping Point

Salesforce eliminated 4,000 customer support jobs through AI automation, cutting workforce from 9,000 to 5,000 employees. CEO Marc Benioff's revelation marks the first major AI-driven workforce reduction at an enterprise software company. AI agents now handle 1.5M conversations with equivalent satisfaction scores and 17% cost savings, contradicting MIT studies showing 95% AI failure rates.

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Trending Now

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FDA Launches First Government-Wide AI Deployment with "Elsa" Platform

4 months ago

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Critical NPM Supply Chain Attack Compromises 2 Billion Weekly Downloads

4 months ago

3

Microsoft Breaks OpenAI Exclusivity with Anthropic Claude Integration in Office 365

4 months ago

4

Salesforce AI Agents Eliminate 4,000 Support Jobs as Enterprise Automation Reaches Tipping Point

4 months ago

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