The deal is expected to close next month, with Oracle, Silver Lake and MGX owning 45% of TikTok’s U.S. business.

TikTok’s long-delayed plan to separate from Chinese parent ByteDance was put in motion Thursday when the video sharing ...

Oracle Corp. said final negotiations on an equity deal for a data center project in Michigan are “on schedule” and doesn’t ...

The Abilene site, which will be OpenAI’s first large data centre in the US when it completes in mid-2027, is majority owned ...

TikTok has signed a deal to sell its U.S. business to three American investors — Oracle, Silver Lake and MGX — ensuring the ...

It hasn't been that long since Oracle was an AI darling. A lot can change in a few months.

An update on Oracle's data center plans was the latest development giving investors anxiety about the health of the AI trade ...

CoreWeave and Oracle have borrowed heavily to build more AI data-center capacity, spooking bond markets and sending ...

Despite the recent pullback in artificial intelligence stocks, the Bank of America thinks "the AI trade may still have room ...

The cloud company later said the project was moving forward and "on schedule," but that Blue Owl was not part of equity talks ...

Oracle said talks for an equity deal to support its Michigan data center project remain on schedule and do not include Blue ...

Cloud-computing companies including Oracle Corp., Microsoft Corp. and Meta Platforms Inc. have committed to spend a combined ...