Business

A reported deal worth more than $3bn fell apart over a US-government security framework Oracle was unwilling to add, according to Business Insider. Oracle calls the account inaccurate. The story of the AI build-out is usually one of companies signing for more capacity than anyone thought possible. This is the rarer version: a deal that […]

Pylon CEO Marty Kausas had to make a difficult choice: scale back token spending, or stomach a $1.4 million bill.

OpenAI burned through $3.7bn in the first three months of 2026, more than half its revenue of $5.7bn over the same period, according to The Information, which cited documents the company shared with shareholders. Both numbers tripled from a year earlier, a symmetry that captures the company’s peculiar position: growing faster than almost any business […]