Thousands of Oracle employees in India faced immediate job termination via email. This action is part of a global workforce reduction affec...

The fee, which the U.S. government is considering a transaction fee for its role in helping bring about the deal, will be paid by new inves...

Oracle’s stake in TikTok’s U.S. operations is valued at about $2 billion after ByteDance created a majority-owned American joint venture to...

Oracle on Tuesday said issues faced by US users of social ⁠media app TikTok are the result of a temporary weather-related power outage at a...

Under the arrangement, non-Chinese investors will own about 80% of the American venture. ByteDance will keep 19.9% of it. The investors, wh...

The deal is a milestone for the short video app after years of battles that began in August 2020, when President Donald Trump first tried u...

TikTok US deal 2026: TikTok is set to become a US joint venture. Oracle, Silver Lake, and MGX will lead the new entity. American investors ...

SoftBank's ambitious Stargate AI project is facing unexpected delays. The $500 billion collaboration with OpenAI is taking longer than expe...

According to The Wall Street Journal, Tesla CEO Elon Musk had made significant efforts to block the Stargate project unless it included his...

OpenAI CEO Sam Altman revealed progress on "Stargate 1," the AI training facility under construction in Abilene, Texas, in partnership with...

OpenAI is nearing a $40 billion funding round led by SoftBank Group, with investors including Magnetar Capital, Coatue Management, and Foun...

Elon Musk was among the first to question the funding for the project, claiming that the drivers, including Microsoft and SoftBank, "don't ...

OpenAI CEO Sam Altman is visiting the UAE to discuss raising $40 billion with Abu Dhabi's MGX, aiming to fuel AI development and compete wi...

The Stargate project is a $500 billion initiative to build AI infrastructure across the US, with Masayoshi Son taking the role of chairman....

Elon Musk criticises OpenAI and SoftBank's $500 billion Stargate Project for AI infrastructure, doubting their financial capabilities. The ...

The investment brings together an alliance of tech giants. While SoftBank and OpenAI are lead partners—with SoftBank handling financials an...

Since 2019, Microsoft has had arrangements with OpenAI that gave the Redmond, Washington-based company the exclusive right to build new com...