Oracle's partner in a $300 billion deal, OpenAI, is projected not to be cash generative until 2030. The bond markets are growing stressed about the company's future financing needs. This appears to be ...
The press brake department has been called the heart of precision sheet metal fabrication. What happens there affects what ...
Multiple media outlets, including the Associated Press, reported that ByteDance has reached an agreement with Oracle ORCL, Silver Lake, and Abu-Dhabi-based MGX to set up a joint venture for TikTok’s ...
For a few brief weeks in September and October, Oracle was on top of the artificial-intelligence revolution. The storied business-software and database company had a burgeoning $300 billion ...
The data centers used for work on artificial intelligence can cost tens of billions to build. Tech giants are finding ways to avoid being on the hook for some of those costs. By Karen Weise and Eli ...
South Korea may need to pursue a separate bilateral accord with the US to secure the right to build nuclear-powered submarines, the country’s national security adviser said as he prepares to meet with ...
Investors have been reminded lately that artificial intelligence (AI) infrastructure investments are not always straightforward. Oracle (ORCL) stock slid following mixed financial results and a sharp ...
Under the accord, Oracle and partners will own the majority of the newly formed TikTok US entity, with a closing targeted for late January. "This would secure TikTok as a key customer for OCI, and ...
(Bloomberg) — Oracle (ORCL) Corp.’s aggressive artificial intelligence spending plan has put the cloud computing giant’s corporate bonds under a harsh spotlight as Wall Street searches for cracks in ...