Oracle projects up to $95 billion in capital spending for fiscal 2027 to expand its AI-focused cloud data centers, expecting to recoup $20–25 billion from customer repayments. It plans to raise nearly $40 billion through debt and equity, including a $20 billion at-the-market stock issuance, as it vies with Amazon and Microsoft.

This daily digest covers SpaceX’s $60 billion stock deal to buy AI coding startup Cursor, Apple’s plan for camera-equipped AirPods and a foldable iPhone in 2027, and Genesis AI’s new industrial robot with LG. It also highlights Snap’s $2,195 AR glasses, AWS’s S3 annotations feature, Meta’s crumbling engineering culture, Anthropic’s talks with Trump officials, and leaked OpenAI finances showing huge losses.