Oracle

  • Massive AI Infrastructure Investments: Tech Giants Pour Billions Into Computing Power Partnerships

    Massive AI Infrastructure Investments: Tech Giants Pour Billions Into Computing Power Partnerships

    Nov 04, 2025 02:05 am CST

    Tech giants are committing unprecedented financial resources to secure AI computing infrastructure, with deals totaling hundreds of billions of dollars. From OpenAI's $38 billion Amazon partnership to Meta's strategic investments in computing power providers, this comprehensive overview reveals how computing capacity, rather than code development, has become the critical priority in the AI race.

  • OpenAI Secures Landmark $38 Billion Infrastructure Deal With Amazon AWS to Scale AI Development

    OpenAI Secures Landmark $38 Billion Infrastructure Deal With Amazon AWS to Scale AI Development

    Nov 04, 2025 12:59 am CST

    OpenAI has signed a major $38 billion infrastructure agreement with Amazon AWS, providing the AI company with crucial computing resources including hundreds of thousands of Nvidia GPUs. The seven-year partnership aims to strengthen the computing ecosystem necessary for advancing frontier AI technology, representing OpenAI's first significant deal since its organizational restructuring and adding to its growing portfolio of tech partnerships with industry giants.

  • Trump Administration Approves Nvidia AI Chip Exports to UAE in Major Tech-Diplomacy Deal

    Trump Administration Approves Nvidia AI Chip Exports to UAE in Major Tech-Diplomacy Deal

    Oct 10, 2025 02:11 pm CST

    The Trump administration has approved billions in Nvidia AI chip exports to American companies operating in the UAE, implementing a significant bilateral agreement from May 2024. This landmark deal establishes a pattern for US AI diplomacy, requiring dollar-for-dollar Emirati investment in America in exchange for advanced technology access, while strategically positioning US tech companies against Chinese competitors in the lucrative Gulf market.

  • Trump Approves Deal Transferring TikTok US Operations to American Investors: What Users Need to Know

    Trump Approves Deal Transferring TikTok US Operations to American Investors: What Users Need to Know

    Sep 26, 2025 04:36 pm CST

    President Trump has signed an executive order approving a deal that transfers majority control of TikTok's US operations to American investors, led by Oracle. Under the agreement, US investors will control 80% of the company and its algorithm, while ByteDance retains less than 20% ownership. The deal ensures TikTok's continued availability in the US while addressing national security concerns through American oversight of data and operations.

  • Larry Ellison Pledges 95% of His $350 Billion Fortune to Philanthropy: Inside the Oracle Co-Founder

    Larry Ellison Pledges 95% of His $350 Billion Fortune to Philanthropy: Inside the Oracle Co-Founder's Giving Journey

    Sep 26, 2025 01:36 pm CST

    Oracle co-founder Larry Ellison, currently the world's second-richest person with a $350 billion fortune, has committed to donating 95% of his wealth through the Giving Pledge. His philanthropic efforts include establishing the Ellison Institute of Technology in partnership with Oxford University and making significant donations to medical research, though his philanthropic journey has faced some implementation challenges.

  • Trump Signs Executive Order Allowing TikTok to Continue Operations Under New U.S. Ownership Structure

    Trump Signs Executive Order Allowing TikTok to Continue Operations Under New U.S. Ownership Structure

    Sep 26, 2025 05:11 am CST

    President Trump has signed an executive order that allows TikTok to continue operating in the United States under a new ownership structure. The deal involves creating a U.S.-based joint venture with approximately 80% American ownership, while ByteDance retains a minority stake. The agreement addresses national security concerns while preserving the popular social media platform used by millions of Americans, particularly young adults who rely on it as a news source.

  • White House Promises US-Controlled TikTok Algorithm

    White House Promises US-Controlled TikTok Algorithm

    Sep 23, 2025 07:36 am CST

    The White House on Monday said a US version of TikTok would feature a homegrown model of the app's prized algorithm, potentially clearing one of the main obstacles to keeping the Chinese-owned platform online in the United States.

  • TikTok US To Hold Copy Of Algorithm, Secured By Oracle: White House

    TikTok US To Hold Copy Of Algorithm, Secured By Oracle: White House

    Sep 23, 2025 12:10 am CST

    Tech giant Oracle is set to provide security for a US version of TikTok's algorithm, the White House said Monday, under a deal for the sale of the Chinese-owned app's American operations.

  • All You Need To Know About TikTok, Its Algorithm, And US-China Deal

    All You Need To Know About TikTok, Its Algorithm, And US-China Deal

    Sep 17, 2025 10:38 am CST

    A central question to TikTok's potential shutdown saga has been whether the popular social video platform would keep its algorithm - the secret sauce that powers its addictive video feed - after it's divested from Chinese parent company ByteDance.