AI Industry Shake-Up: Snowflake-OpenAI $200M Deal, Oracle Eyes 30K Layoffs & GPT-4o Retirement | February 3, 2026

📋 Quick Takeaways

Snowflake and OpenAI announce $200M multi-year partnership bringing GPT-5.2 directly to enterprise data platforms

Oracle reportedly considering 20,000-30,000 layoffs to fund $156B AI data center expansion amid banking pullback

OpenAI confirms GPT-4o retirement on February 13, 2026, as usage shifts to GPT-5.2 with only 0.1% still using legacy model

Sam Altman pushes back on NVIDIA chip dissatisfaction reports, calling them “insanity”

Anthropic partners with Williams F1 racing team as “official thinking partner” in unprecedented AI-sports deal

Google launches Project Genie to AI Ultra subscribers, enabling real-time interactive world generation

Waymo targets September 2026 for London robotaxi launch, marking first European commercial operation

💼 Enterprise AI Partnerships

Snowflake and OpenAI Forge $200 Million Enterprise AI Partnership

Major Enterprise Deal: Snowflake announced on February 2 a multi-year $200 million partnership with OpenAI to integrate frontier AI models directly into its data platform, marking a significant shift in enterprise AI strategy.

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AI Investment Crisis: Microsoft Loses $381B, Oracle Plans 30,000 Layoffs, Meta Commits $135B | February 2, 2026

📋 Quick Takeaways

Microsoft suffers $381 billion market cap loss in worst week since March 2020 as Wall Street questions AI investment returns

Oracle considers laying off 20,000-30,000 employees to fund $156 billion AI data center expansion amid financing crisis

Meta announces $115-135 billion AI capex for 2026, nearly doubling previous year’s spending

OpenAI issues internal “code red” as Google Gemini 3 and Anthropic’s Claude Code gain competitive ground

45% of Microsoft’s cloud backlog tied to OpenAI, raising concentration risk concerns among analysts

Anthropic CEO warns of AI existential risks in sweeping 38-page essay on “technological adolescence”

Pentagon clashes with Anthropic over safeguards on autonomous weapons and domestic surveillance

💥 Market Shockwaves

Microsoft Loses $381 Billion in Worst Week Since March 2020

Market Crisis: Wall Street’s apprehension about the cost of developing artificial intelligence technology boiled over as Microsoft suffered its worst week since the pandemic crash, wiping out $381 billion in market value in just two trading sessions.