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  • OpenAI partners with Oracle for data centers | PayPal taps wallets from China | Amazon acquires Bee

OpenAI partners with Oracle for data centers | PayPal taps wallets from China | Amazon acquires Bee

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July 23, 2025 • Estimated Reading Time: 3 minutes

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  • OpenAI and Oracle are developing an additional 4.5 gigawatts of AI data-center capacity, bringing Stargate’s total to over 5 GW, enough to support more than 2 million AI chips.

  • The expansion is part of Stargate’s broader goal to invest $500 billion into 10 GW of AI infrastructure across the U.S., expected to create over 100,000 jobs.

  • While investors have concerns over costs and delays, Oracle projects $30 billion in annual cloud revenue by 2028 as a result of this partnership.

  • PayPal has launched “PayPal World,” a new service allowing users to send and receive money directly through local wallets in countries like China and India.

  • This aims to simplify cross-border payments for over 2 billion users, improving accessibility and reducing friction in global transactions.

  • It’s part of PayPal’s strategy to expand its reach by partnering with fintech and mobile wallet platforms worldwide.

  • Amazon is acquiring Bee, a startup that created a wearable bracelet and Apple Watch app that records and transcribes all user speech.

  • The device helps users manage tasks and reminders by acting as a personal voice assistant that integrates with existing accounts and notifications.

  • Though the acquisition is not yet finalized, it marks Amazon’s push into the AI wearables and personal assistant space.

  • A Pew Research Center study found that Google search results with AI summaries lead to a 8% click-through rate, compared to 15% on results without them.

  • Only 1% of users clicked directly on links within AI summaries, and many ended their search sessions without exploring further.

  • The findings raise concerns about how AI-generated content could impact website traffic, discovery, and revenue for publishers.

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