Majority US-owned venture includes Larry Ellison’s Oracle, private-equity group Silver Lake and Abu Dhabi’s MGX TikTok announced on Thursday it had closed a deal to establish a new US entity, allowing ...

TikTok is now under new ownership in the US, but what happens next? TikTok is now under new ownership in the US, but what happens next? is a senior editor following news across tech, culture, policy, ...

Famed investor Michael Burry, who predicted the 2008 financial crisis, and shut his hedge fund Scion Asset Management earlier this month, has been consistently critical of AI-led tech stocks over the ...

The TikTok deal announced on Thursday poses a fundamental threat to free and honest discourse about Israel’s ongoing genocide of Palestinians in Gaza. Under the reported deal, the Chinese company that ...

Abu Dhabi's state investment fund will also be a managing investor. By Alex Weprin Senior Editor The TikTok sale is officially happening, with a consortium of American investors set to take over U.S.

Oracle on Friday pushed back against a report that said the company will complete data centers for OpenAI, one of its major customers, in 2028, rather than 2027. An Oracle spokesperson did not specify ...

Dec 12 (Reuters) - Oracle denied on Friday a media report that it was delaying OpenAI-related data centers, following investor worries over its debt-fueled AI infrastructure buildout. Bloomberg News ...

It turns out infinite growth might not actually be possible. On Friday, Bloomberg reported that Oracle will be delaying some of its data center projects for OpenAI for at least a year due to labor and ...

SALINE, MI — More than 100 Saline area residents braved the cold Monday evening Dec. 1 to protest a $7 billion hyperscale data center project in Saline Township and DTE Energy’s plan to power the ...