Tag: oracle
AI Worries Have Returned to Wall Street. Now Come Earnings.
AI jitters are back on Wall Street. SoftBank’s Masayoshi Son, left, and OpenAI’s Sam Altman. Shares of Oracle, CoreWeave, SoftBank and other firms tied to…
TikTok signs deal to sell US unit to Oracle-led investor group| Business News
TikTok’s Chinese owner ByteDance Ltd. has signed binding agreements with three major investors to sell just over 80% of US assets to American and global…
SoftBank offloads entire Nvidia stake for $5.8 billion in surprise move| Business News
SoftBank Group Corp. sold its entire stake in Nvidia Corp., pocketing $5.8 billion ahead of a rash of planned investments by founder Masayoshi Son to…
OpenAI wants US government loans to fund its AI investments of over $1 trillion| Business News
ChatGPT creator OpenAI, the world’s largest private company, is asking the US government to provide loan guarantees for its massive infrastructure expansion that will eventually…
Sam Altman-backed college startup Campus acquires Sizzle AI; hires Meta’s exec as technology head
Sam Altman-backed college startup Campus has roped in Meta’s former artificial intelligence (AI) vice president Jerome Pesenti as its technology head, the company announced Friday….