<“Tech News For 11/2 – 11/5″/>
<“Semiconductor Investments”/>
The semiconductor and cloud infrastructure sectors made headlines when Microsoft signed a large-scale contract with IREN for access to Nvidia’s GB300 processors at a data-centre campus in Texas. The agreement, nearing USD 9.7 billion, highlights how demand for AI-ready hardware is straining existing capacity and is driving massive deals in the cloud/AI infrastructure space. Arab News
<“OpenAI is Pairing Up with AWS”/>
In the software and services arena, OpenAI announced a major collaboration with Amazon Web Services (AWS) to scale its advanced AI model training and deployment. The arrangement underscores the competition in the cloud sector as AI workloads grow increasingly demanding. StartupNews.fyi
Hyper’s Opinion: “I’m not really that surprised that AWS is partnering with OpenAI. AWS has the servers to run anything while OpenAI has the best model on the market and that is a combo for financial success!”
<“IBM is Cutting People!”/>
On the regulatory and workforce front, IBM revealed that it will undertake thousands of job cuts by the end of the year. While described as affecting a small percentage of its global workforce, the move reflects mounting pressure on legacy tech firms to trim costs amid uncertain growth outlooks. The Wall Street Journal
<“NASDAQ Declines Gigantically”/>
Market signals have turned cautious. The tech-heavy NASDAQ Composite saw a sharp decline this week, weighed down by concerns over high valuations in the AI space and weak signals from some large tech names. Investopedia+1
<“OnePlus Releases OxygenOS 16″/>
On the consumer device front, OnePlus rolled out its OxygenOS 16 update (based on Android 16) for the OnePlus 13 and 13s in India, bringing new UI enhancements and functionalities to those models. The Times of India
<“Internet Humor”/>
Why is this video accurate.