On one hand, ByteDance, TikTok's Chinese parent company, has finally agreed to a long-awaited deal, Reuters reported. The ...
Investors were so fired up about Oracle's AI guidance that they sent shares soaring as much as 43% that day. The company was ...
A memo from TikTok’s top executive reportedly says that the social-media phenomenon inked deals to create a U.S. joint ...
CoreWeave and Oracle have borrowed heavily to build more AI data-center capacity, spooking bond markets and sending ...
mlive on MSN
Oracle might have different backer for OpenAI data center after major investor backs out
The “Stargate” data center for OpenAI planned on land in rural Saline Township has faced pushback locally and across Michigan ...
Oracle said talks for an equity deal to support its Michigan data center project remain on schedule and do not include Blue ...
1don MSN
Larry Ellison Retakes No.3 Richest Spot From Jeff Bezos As Oracle Shares Rise On TikTok Deal
The deal is expected to close next month, with Oracle, Silver Lake and MGX owning 45% of TikTok’s U.S. business.
The deal means that TikTok, the fast-growing social video platform that upended the strategies of competitors like YouTube ...
Oracle stock's recent sell-off reflects growing unease about the cost and timing of its AI infrastructure gamble.
Shares of Oracle Corporation are trading higher Friday after reports confirmed the technology company will be one of TikTok's ...
Michigan regulators unanimously approved a request from utility DTE Energy Co. to power a massive data center development ...
The agreement aims to resolve a yearslong standoff between the popular social media platform and the U.S. government over national security concerns tied to China's parent company, ByteDance.
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