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OVHcloud, Europe’s largest cloud provider, has announced that founder Octave Klaba is returning as CEO. This decision follows the company’s achievement of surpassing €1 billion in annual revenue for the first time. The board has merged the chairman and CEO roles, entrusting Klaba with leadership once again. Klaba, who led the company from its inception…
Oracle’s stock fell more than 7% after its annual AI-focused conference failed to convince investors about the company’s long-term AI strategy and growth prospects. At the event, Oracle showcased new AI partnerships, customer wins and cloud infrastructure updates. Executives highlighted growing demand for AI workloads on Oracle Cloud and said the company is investing to…
Oracle is preparing a bold push into AI clouds. In Q3 2026, it plans to deploy 50,000 AMD MI450 chips across its infrastructure. This marks a major step beyond its current use of AMD hardware. These chips are built for scale. They support rack-scale configurations, letting 72 chips function as a single AI compute unit….
Salesforce has rolled out Agentforce 360, a new AI-driven platform designed to automate tasks and improve productivity across its cloud products. The system combines human users, AI agents, and business data within one interface. It helps organizations cut manual work and speed up decision-making. Agentforce 360 is already being used by 12,000 companies, including Reddit,…
