Oracle’s stock slides after earnings as AI costs spook investors, dragging crypto lower

Crypto Newsai amazon securities and exchange commission loan

Amazon secures $17.5B Citibank loan as AI spending plans grow

Amazon has secured a $17.5 billion delayed draw term loan facility from Citibank and other banks. The company disclosed the senior unsecured agreement in a June 10 filing with the Securities and Exchange Commission. The financing gives Amazon extra borrowing…

Jun 10, 11:45 PM

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Oracle awarded $395.8M US contract to overhaul government-wide HR software

Oracle's contract signifies a major shift towards centralized cloud solutions in federal HR, potentially setting a precedent for future government IT modernization. The post Oracle awarded $395.8M US contract to overhaul government-wide HR software appeared first on Crypto Briefing.

Jun 10, 11:34 PM

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Micron, Intel drag tech sector into bearish phase as semiconductor selloff intensifies

The intensified semiconductor selloff highlights the volatility of tech markets and the risks of overreliance on AI-driven growth expectations. The post Micron, Intel drag tech sector into bearish phase as semiconductor selloff intensifies appeared first on Crypto Briefing.

Jun 10, 11:11 PM

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Visa brings OpenAI into AI commerce push with stablecoin upgrades

Visa has introduced new AI, stablecoin, and token capabilities at Visa Payments Forum 2026. The company said the tools will help clients support faster and more automated commerce. The updates cover agentic payments, token assurance, stablecoin settlement, and tokenized deposits.…

Jun 10, 10:52 PM

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AI directive focuses patching efforts on ‘highest risk’ vulnerabilities

CISA's latest binding operational directive takes a risk-based approach to software vulnerabilities, driven by recent advancements in AI-powered cyber exploits.

Jun 10, 10:45 PM

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AI identifies critical bug in Zcash that could have enabled unlimited counterfeit minting

The incident underscores the critical role of AI in enhancing blockchain security, prompting increased scrutiny and innovation in privacy protocols. The post AI identifies critical bug in Zcash that could have enabled unlimited counterfeit minting appeared first on Crypto Briefing.

Jun 10, 10:38 PM

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OpenAI partners with Oracle to simplify access to AI models for cloud users

The partnership could reshape enterprise AI adoption, intensifying competition among cloud providers and potentially driving innovation and job creation. The post OpenAI partners with Oracle to simplify access to AI models for cloud users appeared first on Crypto Briefing.

Jun 10, 10:31 PM

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Anthropic CEO warns AI is getting too powerful while releasing new model

Anthropic's tiered AI release strategy may set a precedent, balancing innovation with safety, potentially influencing future regulatory frameworks. The post Anthropic CEO warns AI is getting too powerful while releasing new model appeared first on Crypto Briefing.

Jun 10, 10:08 PM