Oracle and OpenAI have confirmed the $30 billion per year AI data center contract reported earlier this month. The deal will provide OpenAI’s Stargate project with 4.5 gigawatts of additional data center capacity in the U.S. Oracle is a Stargate partner and has been working in partnership with OpenAI on the Stargate I site, coming online in Abilene, Texas. “This additional partnership with Oracle will bring us to over 5 gigawatts of Stargate AI data center capacity under development, which will run over 2 million chips,” OpenAI explains. The “investment will create new jobs, accelerate America’s reindustrialization, and help advance U.S. AI leadership.” Read more

Amazon has agreed to purchase AI wearables firm Bee, it was announced via a LinkedIn post by the San Francisco-based startup. Bee’s principal product is a $50 wrist device called the Pioneer that records all audio within range unless manually muted. Combined with a $19 per month subscription the device records and transcribes “daily memories” to create to-do lists and reminders based on what it hears. It can also answer questions. Bee’s website says the product is backordered due to “high demand” with shipments resuming in September. Terms of the acquisition were not disclosed. Read more

T-Mobile has begun updating its 5G network to the L4S standard (Low Latency, Low Loss, Scalable), becoming the first mobile service to do so. The technology reduces latency, resulting in improved video calls and smoother cloud gaming. T-Mobile says the format is “a key step toward a smarter, programmable 5G,” describing L4S as consistently delivering “low latency, minimal packet loss and real-time responsiveness — even under heavy traffic,” marking a significant improvement in “performance-driven use cases where every millisecond matters,” including Extended Reality (XR) “and even remote driving” for driverless cars. Read more

Fox Corporation found a receptive audience among advertisers during the 2025-26 upfront cycle, where its Tubi streaming service, sports franchise and FOX News operations drew attention and assurances of revenue. Having principally wrapped negotiations, the Murdoch operation won a vote of confidence from Madison Avenue, which promised new spending highs. NBCUniversal, the first company to conclude negotiations, also had a record upfront propelled largely by sports, including what was said to be a sell-out on the Super Bowl inventory across linear, Peacock streaming, and Spanish-language Telemundo platforms (30-second spots reportedly reached $8 million). Read more

An increasing number of teens are experimenting with AI companions like chatbots for advice and sometimes even for friendship, according to a new study from Common Sense Media. The survey found that 72 percent of U.S. teens have interacted with a personal, as opposed to a productivity, chatbot at least once. The inquiry characterized either personal AI, or chatbots with recreational settings, as “companions.” Exploring the use of artificial intelligence by children ages 13 to 17 revealed that of the nearly three-quarters who had tried an AI companion, more than half — 52 percent — identified as regular users. Read more