On one hand, ByteDance, TikTok's Chinese parent company, has finally agreed to a long-awaited deal, Reuters reported. The ...
A memo from TikTok’s top executive reportedly says that the social-media phenomenon inked deals to create a U.S. joint ...
Despite the recent pullback in artificial intelligence stocks, the Bank of America thinks "the AI trade may still have room ...
CoreWeave and Oracle have borrowed heavily to build more AI data-center capacity, spooking bond markets and sending ...
It hasn't been that long since Oracle was an AI darling. A lot can change in a few months.
The “Stargate” data center for OpenAI planned on land in rural Saline Township has faced pushback locally and across Michigan ...
The deal is expected to close next month, with Oracle, Silver Lake and MGX owning 45% of TikTok’s U.S. business.
Oracle said talks for an equity deal to support its Michigan data center project remain on schedule and do not include Blue ...
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 ...