Seagate CCO says storage price hikes are ‘the new normal’ — demand enters an unprecedented ‘supercycle’ driven by AI growth

Seagate CCO Ban-Seng Teh said this week that memory price hikes are “the new normal” for the storage industry, describing current market conditions as a supercycle driven by AI data center demand that shows no sign of foll…

Oracle and OpenAI’s Abilene expansion saga detailed: 600MW expansion gets scrapped, as larger 4.5GW agreement remains on track

Oracle and OpenAI dropped plans to expand their flagship Stargate campus in Abilene, Texas, beyond its committed 1.2-gigawatt build earlier this month.
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Nvidia reportedly building its own AI agent to compete with OpenClaw, report claims — ‘NemoClaw’ will supposedly be open source and designed for enterprise use

Nvidia is reportedly planning to launch its own open-source agentic AI with NemoClaw, and it has already been in talks with several enterprise partners like Adobe and CrowdStrike to get them on board with its deployment.
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In wake of outage, Amazon calls upon senior engineers to address issues created by ‘Gen-AI assisted changes,’ report claims — recent ‘high blast radius’ incidents stir up changes for code approval

An Amazon executive called its engineers into a meeting to deal with the recent spate of incidents on its platform that had a “high blast radius” and were related to “Gen-AI assisted changes.”
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Nexperia China claims to be making chips using 12-inch wafers — subsidiary deepens split with Dutch parent as it builds out ‘mass production capabilities’

In a statement posted to its Chinese social media account, Nexperia China said it had reached a new milestone in its “independent R&D and mass production capabilities”.
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America and Japan may join forces to manufacture displays in the US — New $13 billion fab proposed by Japan Display Inc. to counter Chinese dominance

The Japanese and American governments are considering setting up a new display factory in the U.S. that would cost $13 billion, a small part of a bigger $550 billion investment framework. This factory is being proposed by …