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OpenAI Needs Data Centers So Much, It Signed a $300B Deal With Oracle

Here's an eye-popping new price tag for generative AI's booming demand for energy and computing power for data centers: $300 billion. That's how much ChatGPT maker OpenAI has reportedly committed to spend with Oracle over a five-year span to continue its run of early success. The deal, which would be one of the largest contracts for cloud computing, was announced by both The Wall Street Journal and The New York Times on Wednesday. The contract with Oracle would entail delivery of as much as 4.

Microsoft and OpenAI have a new deal that could clear the way for an IPO

is a senior editor following news across tech, culture, policy, and entertainment. He joined The Verge in 2021 after several years covering news at Engadget. Posts from this author will be added to your daily email digest and your homepage feed. As OpenAI attempts to restructure itself and eventually go public, a hurdle for the startup, recently valued at $500 billion, is its increasingly complicated partnership with Microsoft. On Thursday afternoon, the two companies released this joint state

The music industry is broken: OpenWav’s new app aims to change that

Grammy Award-winning musician, composer, and producer Wyclef Jean says the music industry is broken, which is why he’s now involved with a startup, OpenWav, that’s looking to give the power back to the artists. Through the OpenWav app, launched over the summer, artists can drop new music and exclusives; connect directly with fans; sell merch; host concerts, pop-ups, and listening parties; and more. Later, the startup plans to offer more assistance to artists using AI tools. Speaking at the For

OpenAI secures Microsoft’s blessing to transition its for-profit arm

OpenAI announced Thursday it reached a non-binding agreement with Microsoft, its largest investor, on a revised partnership that would allow the startup to convert its for-profit arm into a public benefit corporation (PBC). The transition, should it be cleared by state regulators, could allow OpenAI to raise additional capital from investors and, eventually, become a public company. In a blog post, OpenAI Board Chairman Bret Taylor said under the non-binding agreement with Microsoft, OpenAI’s

How to Get Free Marvel Rivals Skins With the College Perks Program in Season 4

You might be subsisting off ramen noodles and Red Bull, but that doesn't mean you need to look broke while you're playing your games. NetEase has introduced Marvel Rivals perks for college and university students that let them wear some of the coolest in-game costumes for free. All you need is a valid student email and the know-how to navigate the in-game menus. Linking your NetEase account with your college's domain is a simple process that doesn't take more than a couple of minutes. Most US s

OpenAI and Microsoft sign preliminary deal to revise partnership terms

On Thursday, OpenAI and Microsoft announced they have signed a non-binding agreement to revise their partnership, marking the latest development in a relationship that has grown increasingly complex as both companies compete for customers in the AI market and seek new partnerships for growing infrastructure needs. "Microsoft and OpenAI have signed a non-binding memorandum of understanding (MOU) for the next phase of our partnership," the companies wrote in a joint statement. "We are actively wo

OpenAI says nonprofit parent will own equity stake in company of over $100 billion

Microsoft Chairman and Chief Executive Officer Satya Nadella (L), speaks with OpenAI Chief Executive Officer Sam Altman, who joined by video during the Microsoft Build 2025, conference in Seattle, Washington on May 19, 2025. OpenAI on Thursday said its nonprofit parent will continue to have oversight over the company and will own an equity stake of more than $100 billion. The artificial intelligence startup, recently valued at $500 billion, said this structure will make the nonprofit "one of t

The Helix Text Editor (2024)

I’ve come to accept that I’m just a sucker for shiny nerd things. I use Rust, despite never having had a professional reason to use it in my life. I switched to Linux in my student years and I’ve never looked back since, even though it constantly breaks and I can’t get my Bluetooth headphones to connect. I have a split keyboard with home row mods set up because I read some random blog posts and it looked cool to me. I literally learned to program because I figured I should learn how to do more n

The music industry is broken. OpenWav’s new app aims to change that

Grammy Award-winning musician, composer, and producer Wyclef Jean says the music industry is broken, which is why he’s now involved with a startup, OpenWav, that’s looking to give the power back to the artists. Through the OpenWav app, launched over the summer, artists can drop new music and exclusives, connect directly with fans, sell merch, host concerts, pop-ups, and listening parties, and more. Later, the startup plans to offer more assistance to artists using AI tools. Speaking at the For

Opendoor stock closes 78% higher after company names new CEO

OpenDoor is disrupting the real estate market with its new model. It buys homes and sells them on its platform. Opendoor stock rocketed 78% higher on Thursday after the retail favorite named Shopify executive Kaz Nejatian as CEO and co-founder Keith Rabois as chairman. The meme stock hit a 52-week high and continued a stunning run this year, with shares up more than 500% so far. Former CEO Carrie Wheeler resigned last month following a pressure campaign from investors that included critical c

Oracle shares retreat 6% after sharpest rally in more than 30 years

Oracle shares closed down 6% on Thursday, a day after the stock closed at a record high, following an analyst note expressing concern that most of the company's upcoming growth is coming from a single client: OpenAI. The software vendor has seen its stock go on a wild ride this week after CEO Safra Catz on Tuesday said that Oracle had "signed four multi-billion-dollar contracts with three different customers" in the latest quarter. The company's remaining performance obligation, a measure of co

Adobe's stock gains on earnings, revenue beat

An Adobe sign hangs along Main Street during the 2025 Sundance Film Festival on Jan. 27, 2025 in Park City, Utah. Adobe reported fiscal third-quarter results that topped analysts' estimates. The design software maker's shares rose in extended trading. Here's how the company did in comparison with LSEG consensus: Earnings per share: $5.31 adjusted vs. $5.18 expected $5.31 adjusted vs. $5.18 expected Revenue: $5.99 billion vs. $5.91 billion expected Revenue increased 11% from $5.41 billion a

Financial Experts Concerned That Driving Users Into Psychosis Will Be Bad for AI Investments

Countless users of AI chatbots are being driven into spirals of delusion, a wave of "AI psychosis" that's alarming mental health professionals. Some even say the tech could give birth to entirely new categories of mental disorders. The grim trend has already been linked to several deaths, including the suicide of a 16-year-old boy, which has led to his family suing ChatGPT maker OpenAI, accusing it of product liability and wrongful death. In fact, even Wall Street is starting to grow uncomfort

IDC: Apple gained wearables market share, but sales lagged behind competitors during Q2

IDC’s report on worldwide “wrist-worn” devices for the second quarter of 2025 is out, and it shows mixed results for the Apple Watch. Here is the breakdown. Xiaomi leads in growth, while Samsung lags behind During the second quarter last year, IDC determined that Apple had shipped 5.7 million Apple Watch units, falling closely behind Xiaomi’s 5.9 million shipped units and further behind Huawei’s 8.9 million. That difference was mirrored in market share as well, with Huawei taking the top spot

ApeRAG: Production-ready GraphRAG with multi-modal indexing and K8s deployment

ApeRAG 🚀 Try ApeRAG Live Demo - Experience the full platform capabilities with our hosted demo ApeRAG is a production-ready RAG (Retrieval-Augmented Generation) platform that combines Graph RAG, vector search, and full-text search with advanced AI agents. Build sophisticated AI applications with hybrid retrieval, multimodal document processing, intelligent agents, and enterprise-grade management features. ApeRAG is the best choice for building your own Knowledge Graph, Context Engineering, an

'How to Train Your Dragon' Streaming on Peacock: Release Date and Time

Need a live-action Night Fury in your life? The recent How to Train Your Dragon remake is hitting Peacock, so animated film fans can spend more time with the franchise's Vikings and dragons. The new version from Universal Pictures stars Mason Thames as the misfit Viking teen Hiccup, and Gerard Butler as Hiccup's dragon-loathing dad, Stoick the Vast (Butler also voices the character in the animated movie). Nico Parker plays Astrid, the tough girl Hiccup has a crush on, and Nick Frost plays the v

Opendoor stock soars 80% after company names new CEO

OpenDoor is disrupting the real estate market with its new model. It buys homes and sells them on its platform. Opendoor stock rocketed 80% higher on Thursday after the retail favorite named Shopify executive Kaz Nejatian as CEO and co-founder Keith Rabois as chairman. The meme stock hit a 52-week high and continued a stunning run this year, with shares up more than 500% so far. Former CEO Carrie Wheeler resigned last month following a pressure campaign from investors that included critical c

Oracle shares retreat 7% after sharpest rally in more than 30 years

Oracle shares closed down 6% on Thursday, a day after the stock closed at a record high, following an analyst note expressing concern that most of the company's upcoming growth is coming from a single client: OpenAI. The software vendor has seen its stock go on a wild ride this week after CEO Safra Catz on Tuesday said that Oracle had "signed four multi-billion-dollar contracts with three different customers" in the latest quarter. The company's remaining performance obligation, a measure of co

Uber sued by DOJ for alleged discrimination against disabled riders

A man holds up a smartphone with the Uber app visible on screen, as taxis queue in the background on June 4, 2019. The Department of Justice sued Uber on Thursday, alleging the ride-hailing giant discriminated against riders with disabilities, according to a filing. "Despite the importance of its services to people with disabilities, Uber denies people with disabilities full and equal enjoyment of its services in several critical ways," the complaint, filed in a federal court in San Francisco,

The Helix Text Editor

I’ve come to accept that I’m just a sucker for shiny nerd things. I use Rust, despite never having had a professional reason to use it in my life. I switched to Linux in my student years and I’ve never looked back since, even though it constantly breaks and I can’t get my Bluetooth headphones to connect. I have a split keyboard with home row mods set up because I read some random blog posts and it looked cool to me. I literally learned to program because I figured I should learn how to do more n

35 percent of VMware workloads expected to migrate elsewhere by 2028

VMware will lose a significant chunk of business over the next three years, according to Gartner research VP Julia Palmer. Of course, some organizations have already abandoned VMware or are plotting partial or total migrations. Broadcom acquired the virtualization business in November 2023 and made sweeping changes that alienated many customers. The biggest concerns have been higher costs driven by a shift from perpetual licenses to subscriptions and the bundling of products into fewer, more ex

Opendoor stock soars 65% after company names new CEO

OpenDoor is disrupting the real estate market with its new model. It buys homes and sells them on its platform. Opendoor stock rocketed 65% higher on Thursday after the retail favorite named Shopify executive Kaz Nejatian as CEO and co-founder Keith Rabois as chairman. The meme stock hit a 52-week high and continued a stunning run this year, with shares up more than 500% so far. Former CEO Carrie Wheeler resigned last month following a pressure campaign from investors that included critical c

The Rise and Demise of RSS (2018)

This post was originally published on September 16th, 2018. What follows is a revision that includes additional information gleaned from interviews with Ramanathan Guha, Ian Davis, Dan Libby, and Kevin Werbach. A version of this post was also published by Vice News. About a decade ago, the average internet user might well have heard of RSS. Really Simple Syndication, or Rich Site Summary—what the acronym stands for depends on who you ask—is a standard that websites and podcasts can use to offe

OpenAI's fix for hallucinations is simpler than you think

Hector Roqueta Rivero/Moment via Getty Images Follow ZDNET: Add us as a preferred source on Google. ZDNET's key takeaways OpenAI says AI hallucination stems from flawed evaluation methods. Models are trained to guess rather than admit ignorance. The company suggests revising how models are trained. Even the biggest and most advanced generative AI models occasionally hallucinate, or generate inaccurate information presented as fact. Now, OpenAI claims to understand why -- while offering a p

Opendoor taps new CEO and names Keith Rabois chairman, boosting stock 36%

Keith Rabois of Khosla Ventures attends Day 3 of TechCrunch Disrupt SF 2013 at San Francisco Design Center on September 11, 2013 in San Francisco, California. Opendoor , the online real estate platform that's seen a surge of retail investor interest in recent months, said Wednesday that it's tapped former Shopify executive Kaz Nejatian as CEO and named co-founder Keith Rabois as chairman. The stock was up 36% Thursday in premarket trading, and is now up more than fifteenfold since hitting its

New VMScape attack breaks guest-host isolation on AMD, Intel CPUs

A new Spectre-like attack dubbed VMScape allows a malicious virtual machine (VM) to leak cryptographic keys from an unmodified QEMU hypervisor process running on modern AMD or Intel CPUs. The attack breaks the isolation between VMs and the cloud hypervisor, bypassing existing Spectre mitigations and threatening to leak sensitive data by leveraging speculative execution. The researchers highlight that VMScape does not require compromising the host and works on unmodified virtualization software

Opendoor stock soars 60% after company names new CEO

OpenDoor is disrupting the real estate market with its new model. It buys homes and sells them on its platform. Opendoor stock rocketed 60% higher on Thursday after the retail favorite named Shopify executive Kaz Nejatian as CEO and co-founder Keith Rabois as chairman. The meme stock hit a 52-week high and continued a stunning run this year, with shares up more than 400% so far. Former CEO Carrie Wheeler resigned last month following a pressure campaign from investors that included critical c

Show HN: I built a minimal Forth-like stack interpreter library in C

This weekend I created stacklib.h - a single-header library that brings Forth-style stack operations to C. It implements a basic interpreter with: - Stack operations (push/pop/dup/swap/over/drop) - Arithmetic (+, -, *, /) - Output (., emit, cr) - Stack inspection (.s, depth) Example usage: Stack s; stack_init(&s); dict_init(); exec(&s, "10 20 + ."); // Prints "30" exec(&s, "1 2 3 4 .s"); // Shows stack contents The library is self-contained, requires no dependencies, and handles basic error c

The Rise and Demise of RSS

This post was originally published on September 16th, 2018. What follows is a revision that includes additional information gleaned from interviews with Ramanathan Guha, Ian Davis, Dan Libby, and Kevin Werbach. A version of this post was also published by Vice News. About a decade ago, the average internet user might well have heard of RSS. Really Simple Syndication, or Rich Site Summary—what the acronym stands for depends on who you ask—is a standard that websites and podcasts can use to offe