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MongoDB's chief executive Dev Ittycheria Desai has resigned and is moving to Meta to lead the company's enterprise platform efforts. The abrupt departure of the top executive at a major database company to join the social media giant has prompted discussion in technology circles about MongoDB's leadership transition and Meta's growing push into enterprise infrastructure.
- 2Meta Uses A.I. Data Centers to Shield Billions From Federal Taxes●Meta Uses A.I. Data Centers to Avoid Billions in Federal Taxes
The New York Times reports that Meta is structuring its sprawling A.I. data center investments to dramatically reduce its federal tax bill, avoiding billions of dollars in taxes. The technique centers on accelerated depreciation and other breaks tied to massive capital spending on computing infrastructure. The report is drawing attention to how tech giants exploit tax rules as they pour unprecedented sums into A.I. facilities, fueling debate over corporate tax avoidance during the A.I. boom.
- 3AI needs $6 trillion in annual revenue to justify data centre boom▼AI needs $6T in annual revenue to justify data centre boom
Analysts estimate the AI industry will need to generate roughly $6 trillion in annual revenue by 2031 to justify the massive spending now going into data centres. The figure highlights the gap between current AI earnings and the capital being poured into computing infrastructure by tech giants, fuelling debate about whether the investment boom is sustainable or a bubble in the making.
- 4Tencent leases 100,000 Nvidia H100 chips from Oracle●Tencent is leasing 100,000 Nvidia H100 chips from Oracle, placing them in Southeast Asian data centers like Malaysia. Th
Tencent is reportedly leasing 100,000 Nvidia H100 AI chips from Oracle, housing them in Southeast Asian data centers including facilities in Malaysia. The arrangement would let the Chinese tech giant access cutting-edge compute through offshore infrastructure, sidestepping US export controls that restrict direct sales of advanced chips to Chinese companies. Observers see it as a costly but strategic workaround in the escalating US-China tech standoff.
- 5Blackstone's Jas Khaira to discuss building AI giants at TechCrunch Disrupt 2026●TechCrunch Disrupt 2026: Blackstone's Jas Khaira on building the next generation of AI giants https://techcrunch.com/202
Jas Khaira of Blackstone is set to appear at TechCrunch Disrupt 2026 to discuss how the next generation of AI giants will be built. The session, part of the conference's startup and venture programming, covers investment perspectives on scaling artificial intelligence companies into major industry players.
- 6Amazon Pledges to Stop Using NDAs With Local Governments●Amazon Is Making Concessions to Data Center Critics—and Warning Them Not to Get in the Way The tech giant has pledged to
Amazon has pledged to stop the controversial practice of requiring non-disclosure agreements in its negotiations with local governments over data center projects, while also warning critics not to obstruct its operations. The move is being read as a concession to growing local opposition to data center construction, which has sparked fights over water, power and land use in communities across several countries.
- 7Amazon raises AI chip rental prices 15%, weighs $8 billion Nvidia deal●Amazon is raising AI chip rental prices 15% and exploring an $8 billion Nvidia leaseback
Amazon is increasing the price of renting out its AI chips by 15% and is reportedly exploring an $8 billion leaseback arrangement involving Nvidia hardware. The moves point to how aggressively cloud providers are trying to monetize scarce AI computing capacity as demand for chips and data center power keeps climbing.