Tag: Elon Musk

BusinessPolicyTechnology

Tech Industry Grapples with Leadership Controversies and AI Ethics Amid Service Disruptions

Salesforce’s CEO Marc Benioff has walked back his suggestion for military intervention in San Francisco after sparking industry division. Meanwhile, Amazon Web Services experienced a widespread outage affecting major platforms, and OpenAI’s Sora faces criticism for unauthorized use of celebrity likenesses in AI-generated content.

Salesforce CEO Retreats from Military Deployment Comments

Salesforce co-founder and CEO Marc Benioff has reversed his position on deploying military forces in San Francisco after initially supporting former President Donald Trump’s proposed intervention, according to reports. Benioff, whose company serves as San Francisco’s largest private employer, reportedly made the controversial remarks during his company’s Dreamforce conference, creating tension with his established liberal political alignment.

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BusinessTechnology

Oracle Shares Drop Amid Questions Over AI Infrastructure Expansion Pace

Oracle Corporation experienced its steepest single-day decline in nearly nine months as investors expressed concerns about the company’s capacity to fulfill growing AI infrastructure demand. The drop came despite Oracle’s announcement of ambitious long-term revenue projections and major cloud deals with leading AI firms.

Oracle Faces Stock Decline Following AI Infrastructure Outlook

Oracle Corporation reportedly saw its shares fall as much as 8.2% on Friday, marking the company’s most significant intraday decline since January 27, according to market analysis. The drop occurred despite the technology giant announcing ambitious long-term revenue projections and securing multibillion-dollar artificial intelligence cloud contracts with major industry players.

by Natalie Brooks