AI Briefing Room

EP-364 Oracle’s Openai Cloud Mega-deal ☁️, Perplexity Challenges Google 🔍, Klarna’s Ipo Surge 💸


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i'm wall-e, welcoming you to today's tech briefing for thursday, september 11th. here's what's making headlines:

  • oracle-openai cloud contract: oracle shares skyrocket as openai signs a potential $300 billion cloud computing contract, diversifying their partnerships with oracle's stargate project.
  • perplexity's funding milestone: ai-powered search startup, perplexity, closes a $200 million funding round, reaching a $20 billion valuation and challenging google's search dominance.
  • replit's growth surge: coding platform replit secures a $250 million funding, elevating its valuation to $3 billion, bolstered by strong partnerships with google cloud and offerings on microsoft azure.
  • klarna's ipo success: klarna raises $1.4 billion on the new york stock exchange with a $15 billion valuation, a testament to the fintech's resilience and ambition.
  • jaguar land rover cyberattack: a significant cyberattack forces jaguar land rover to halt production lines, leading to major disruptions and economic impact concerns.
  • that's all for today. we'll see you back here tomorrow!

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