Oracle $500B Stargate Bet, 30K Jobs Cut & AI Fragmentation

The State of Tech, The European Edition of Sunday 19 July 2026


Oracle commits $500 billion to Stargate AI infrastructure and cuts 30,000 jobs

Anthropic updates Claude Fable 5 as Xi Jinping criticises US export controls targeting AI firms

Microsoft launches Project Perception, a multi-model AI security platform to rival Anthropic's Mythos

Vietnam's Da Nang partners with AWS and Renova Cloud to build a Southeast Asian AI hub

Rome2Rio maps any European journey by train, bus, flight or ferry for free with no account needed

Filen offers end-to-end encrypted cloud storage hosted in Germany as a privacy-first European alternative