Updated Dec 6
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Oct 27, 2026
AMD says Meta is testing initial Helios racks, with broader deployment still ahead
AMD’s partnership update separates initial Helios racks installed for testing from existing Instinct production use. A custom GPU and later MI500-series and rack-scale systems remain future plans.
AMDMetaHelios
Oct 26, 2026
Meta proposes $35 billion offerings alongside AI infrastructure investment
Meta’s October 26 plan combines proposed common-stock forward and preferred-stock offerings with a separate, uncertain future ATM program. Initial common sales do not give Meta proceeds, and chip-company interest is nonbinding.
MetaAI infrastructureCorporate financing
Apr 15, 2026
AI Takes Center Stage: Big Tech Layoffs Sweep India
Major tech firms are laying off thousands of employees in India, highlighting a strategic shift towards AI investments to drive future growth. Oracle has led the charge with 10,000 layoffs as big tech reallocates resources to scale their AI infrastructure. This trend poses significant challenges for the Indian tech workforce as the country navigates its place in the global AI landscape.
AIOraclelayoffs