The AI Data Center Moratorium Act would pause qualifying data-center construction until federal review, consumer-bill, climate, subsidy and community-approval rules are in place.

#AI data centers #moratorium #energy policy

June 26, 2026Read More →

Oracle Cuts 21,000 Jobs As AI Cloud Debt Bill Rises

Cloud & Data CentersNews

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Oracle Cuts 21,000 Jobs As AI Cloud Debt Bill Rises

Oracle’s SEC filing shows full-time employees fell from 162,000 to 141,000 as the company funds AI cloud infrastructure for customers including OpenAI, xAI, AMD, Nvidia and Meta.

#Oracle #Oracle Cloud Infrastructure #AI data centers

June 26, 2026Read More →

CNTXT AI Raises $60 Million For Sovereign AI Infrastructure Push

AIFunding

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CNTXT AI Raises $60 Million For Sovereign AI Infrastructure Push

UAE-based CNTXT AI raised $60 million from AI71 and BlueFive Capital to expand sovereign AI infrastructure, but the company did not publish revenue or contract values for its enterprise and government deployments.

#CNTXT AI #sovereign AI #AI71

June 26, 2026Read More →

Maverick Says Payments AI Still Runs On Human Support And Infrastructure

Fintech & Digital PaymentsNews

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Maverick Says Payments AI Still Runs On Human Support And Infrastructure

Maverick Payments is using AI across underwriting, onboarding and disputes, but its president said payment firms still need human support and white-label infrastructure behind faster merchant workflows.

#payments infrastructure #merchant onboarding #Maverick Payments

June 26, 2026Read More →

IBM Shows Sub-1 Nanometer Chip Research, With Production Proof Still Missing

Chips & SemiconductorsNews

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IBM Shows Sub-1 Nanometer Chip Research, With Production Proof Still Missing

IBM unveiled a 0.7 nm nanostack chip technology with nearly 100 billion transistors, but the company has not announced a manufacturing partner, production date or customer design win.

#IBM #nanostack #sub 1 nm chips

June 26, 2026Read More →

Lean And Ziina Bring One-Tap Bank Payments To UAE Wallet Top-Ups

Fintech & Digital PaymentsNews

DUBAI IMPACT:

Lean And Ziina Bring One-Tap Bank Payments To UAE Wallet Top-Ups

Lean Technologies and Ziina have launched a one-tap Pay by Bank wallet top-up feature in the UAE, but the announcement does not disclose fees, bank coverage or transaction targets.

#digital payments #Open Finance #Lean Technologies

June 26, 2026Read More →

Runpod Raises $100 Million As AI Developer Cloud Still Needs Capacity Detail

Cloud & Data CentersNews

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Runpod Raises $100 Million As AI Developer Cloud Still Needs Capacity Detail

Runpod says it has raised $100 million and crossed more than one million developers, but the company did not disclose revenue, GPU capacity, regions or customer concentration.

#AI infrastructure #AI developer cloud #Runpod

June 26, 2026Read More →

Micron’s AI Memory Surge Still Depends On Long-Term Contract Demand

Chips & SemiconductorsNews

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Micron’s AI Memory Surge Still Depends On Long-Term Contract Demand

Micron’s revenue jumped from $9.3 billion to $41.46 billion as AI data centers tightened memory supply, with 16 long-term agreements now carrying $22 billion in expected commitments.

#semiconductors #Micron #AI infrastructure

June 26, 2026Read More →

UAE Education Ministry Launches NOVA AI Project Without Rollout Cost

AINews

DUBAI IMPACT:

UAE Education Ministry Launches NOVA AI Project Without Rollout Cost

The UAE Ministry of Education has launched NOVA to use AI and data systems in institutional workflows, but the announcement leaves budget, suppliers and rollout timing undisclosed.

#UAE Ministry of Education #NOVA #Sarah Al Amiri

June 26, 2026Read More →

Revora Raises $2 Million As Saudi AI Commerce Push Still Needs Merchant Proof

AIFunding

FUNDING GAP:

Revora Raises $2 Million As Saudi AI Commerce Push Still Needs Merchant Proof

Revora raised $2 million in seed funding after refocusing on Saudi Arabia and the GCC, but the company has not disclosed revenue, merchant counts or payment volume for its AI commerce platform.

#conversational commerce #MENA startups #Revora

June 26, 2026Read More →

CoreWeave Adds Stockholm AI Capacity With Power Terms Still Undisclosed

Cloud & Data CentersNews

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CoreWeave Adds Stockholm AI Capacity With Power Terms Still Undisclosed

CoreWeave signed a co-location agreement with Conapto for two Stockholm campuses, adding European AI cloud capacity powered by renewable energy while leaving capacity size and customer commitments undisclosed.

#AI infrastructure #renewable energy #CoreWeave

June 26, 2026Read More →

Gorilla Signs $2.5 Billion Indonesia GPU Contract With Customer Still Unnamed

Cloud & Data CentersNews

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Gorilla Signs $2.5 Billion Indonesia GPU Contract With Customer Still Unnamed

Gorilla Technology has secured a five-year GPUaaS contract for NeutraDC’s Batam data center, with 1,000 B300 GPU servers in the first phase and the customer still undisclosed.

#Gorilla Technology #NeutraDC Batam #GPUaaS

June 26, 2026Read More →