AI Watch | OpenAI’s $122 billion funding, Oracle job cuts, and Nvidia’s stack expansion

AI investments are surging globally, led by OpenAI closing a record $122 billion funding round backed by Amazon, Nvidia and SoftBank. The funding highlights a self-sustaining ecosystem where capital flows back into cloud and chip spending. Meanwhile, Oracle plans to cut up to 18% of its workforce as AI reshapes cost structures. Nvidia is also expanding its footprint with a $2 billion stake in Marvell, signaling deeper vertical integration across the AI ​​value chain.