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Oracle shares rise 7% after cloud infrastructure revenue more than doubles

Oracle reported fiscal first-quarter results that topped Wall Street forecasts, with adjusted earnings of $1.92 per share and revenue of $19.35 billion, both above LSEG estimates. Revenue climbed nearly 30% year over year, driven largely by rapid growth in cloud infrastructure as Oracle pushes deeper into AI-related data center buildouts. The company raised its long-term outlook, now projecting $8.10 in adjusted earnings per share on at least $90 billion in revenue for fiscal 2027.

Google Commits $15 Billion to Finnish AI Data Centers Through 2028

Google announced plans to invest at least $15 billion in Finland's AI infrastructure by 2028, marking its largest single investment anywhere in Europe. The company also struck a 22-year power supply deal with Finnish utility Fortum and is examining business models that could back new nuclear reactors at Fortum's Loviisa plant.

Analog Devices to Buy Alif Semiconductor for $1.35 Billion in Cash

Analog Devices has agreed to acquire Alif Semiconductor in an all-cash deal valued at $1.35 billion. The acquisition is aimed at broadening ADI's reach into fast-growing markets, including data-center infrastructure and defense applications.

Google Commits $15 Billion to Build AI Data Centers in Finland

Google announced plans to invest $15 billion in AI infrastructure in Finland, expanding its data center footprint in the country. The move adds to a wave of similar large-scale investments by U.S. tech companies aiming to grow AI computing capacity outside the United States.

Google commits $15.1 billion to Finland AI data center expansion

Google announced a 13 billion euro ($15.1 billion) investment to build out AI infrastructure in Finland, making it the company's largest single investment ever made in Europe. The move underscores Finland's growing appeal to hyperscalers seeking abundant land and power resources that are increasingly scarce elsewhere on the continent.

Report calls for treating digital systems as critical infrastructure requiring safety standards

A new analysis argues that digital infrastructure—search engines, cloud platforms, and networks people rely on daily—should be designed, built, and maintained with the same rigor applied to physical infrastructure like water systems and power grids. It draws comparisons to failures such as Flint's water crisis and Puerto Rico's electrical grid collapse to illustrate what happens when essential systems are neglected.

Autistici/Inventati collective shuts down after terrorist designation

The Autistici/Inventati (A/I) collective, which for 25 years ran free, privacy-focused digital services, announced it is shutting down all operations. The decision follows being labeled a global terrorist organization, which the group says exposed users, contributors and their families to legal and physical danger.

Nscale seeks $3.5B in pre-IPO funding including $2B from Nvidia

British AI infrastructure startup Nscale, founded two years ago, is reportedly pursuing $3.5 billion in financing ahead of a possible IPO as soon as this month. That total reportedly includes $1.5 billion in convertible notes sold to investors and an additional $2 billion from Nvidia, which also backed Nscale's $1.1 billion Series B round in March.

Google funds Bay Area program offering up to $10,000 for home heat pumps

Google is backing a new initiative in parts of the Bay Area that subsidizes homeowners installing heat pumps, with incentives reaching as much as $10,000 per household. The program frames residential energy upgrades as part of broader grid infrastructure rather than isolated consumer purchases.

Nvidia Backs Hugging Face's Neutrality Amid Growing AI Investment Ties

Nvidia CEO Jensen Huang affirmed that Hugging Face will continue operating as an open platform accessible to the entire AI ecosystem, even as Nvidia deepens its financial and strategic involvement with the company. The statement comes as Nvidia expands its footprint beyond hardware into software and developer tools central to AI model development.

Undersea Fibre Cables Quietly Power Global Internet Traffic, Starting at Gibraltar

Most international internet traffic actually travels through physical fibre-optic cables buried beneath ocean floors, not through the air as commonly assumed. One such cable emerges from the sea near La Línea de la Concepción, Spain, crossing the Strait of Gibraltar to Ceuta, a Spanish enclave on Morocco's coast that until recently relied on a single ageing cable link to the mainland.

GoPro to Acquire Starman Optical for $285 Million, Entering AI Data Center Market

GoPro announced a $285 million merger with optical-photonics firm Starman Optical, aiming to enter the AI infrastructure market through Starman's optical transceiver technology. The camera maker also plans to expand into defense, government, robotics and aerospace sectors while retaining its core action-camera business. The news comes days after YouTuber Markiplier disclosed an 8.5% stake, becoming GoPro's largest individual shareholder.