Breaking News: Technology

• AI-led tech slide extends into third day as Oracle, Nvidia, fall in premarket trading - AI-related names have made losses since Oracle's mixed results on Wednesday.
• Altman and Musk launched OpenAI as a nonprofit 10 years ago. Now they’re rivals in a trillion-dollar market - As OpenAI turns 10, the former nonprofit AI lab is at the center of a roughly $1.4 trillion bet on AI infrastructure.
• Reddit challenges Australia’s under-16 social media ban in High Court filing, says law curbs political speech - Reddit filed a legal challenge seeking to either declare the law invalid, or exclude the platform from the provisions of the law
• Oracle's lease commitments jump by almost 150% as company builds out to meet AI demand - Oracle's lease commitments now total $248 billion, with $10 billion tied to cloud capacity.
• Trump signs executive order for single national AI regulation framework, limiting power of states - TechTrump signs executive order for single national AI regulation framework, limiting power of statesPublished Thu, Dec 11 20256:43 PM ESTJennifer Elias@https:/
• Broadcom beats on earnings and revenue, says AI chip sales will double in current quarter - Broadcom stock is near an all-time high and has climbed 75% so far in 2025.
• Rivian announces new AI tech, in-house chip and robotaxi ambitions - The company has also developed AI models to power its Autonomy+ subscription, which it intends to roll out early next year for $2,500 upfront or $49.99 a month.
• Disney making $1 billion investment in OpenAI, will allow characters on Sora AI video generator - TechDisney making $1 billion investment in OpenAI, will allow characters on Sora AI video generatorPublished Thu, Dec 11 20259:02 AM ESTUpdated 4 Min AgoAshley
• Oracle shares plummet 11% in premarket, dragging down AI stocks - Shares in Nvidia, Micron and Microsoft were also lower in premarket trade on Thursday.
• Why Big Tech is doubling down on India with billions in investment - Despite being a laggard in some key areas of artificial intelligence, India is becoming a major investment destination for Big Tech companies.