$66.6B Record: Foxconn AI Servers Overtake the iPhone

Foxconn AI servers generate T$2.13 trillion in Q1 2026 revenue, surpassing iPhone assembly income as the $66.6B record redefines the contract manufacturer's identity.

T$2.13 trillion — that is Foxconn’s top line for the first three months of 2026. The company that built its empire assembling iPhones now generates more revenue from Foxconn AI Servers than from any consumer gadget on earth. March alone hit T$803.7 billion, a 45.6% year-over-year surge and the highest single-month figure in the company’s history. Read more »

Oracle Layoffs: 30,000 Axed at 6 AM for a $156B AI Pivot

Oracle layoffs eliminating 30,000 jobs at 6 AM on March 31, 2026, as the company redirects resources toward a $156B artificial intelligence pivot.

Thirty thousand jobs vanished at 6 AM. On March 31, 2026, Oracle sent termination emails to roughly 18.5% of its global workforce — no meetings, no manager calls, no warning. Bloomberg called it the largest layoff in the company’s history, and the cash freed by those Oracle layoffs is being funneled into one of the most aggressive AI infrastructure bets the enterprise software industry has ever seen. Read more »

EU Digital Sovereignty: €20B AI Gigafactories and the Laws Reshaping Big Tech

EU digital sovereignty push backed by €200B as the European Commission launches €20B AI gigafactories and sweeping regulations targeting American Big Tech dominance.

Two hundred billion euros. That is the number the European Union put on its independence from American Big Tech. Commission President Ursula von der Leyen unveiled the InvestAI initiative at the Paris AI Action Summit, launching what amounts to the most ambitious EU Digital Sovereignty program in the bloc’s history. AI gigafactories, semiconductor self-sufficiency, cloud sovereignty legislation, and cybersecurity enforcement — four policy axes moving simultaneously. Read more »