Oracle Corp

Microsoft loses status as OpenAI’s exclusive cloud provider
Technology

Microsoft loses status as OpenAI’s exclusive cloud provider

U.S. President Donald Trump speaks in the Roosevelt Room of the White House while SoftBank CEO Masayoshi Son, Oracle CTO Larry Ellison, and OpenAI CEO Sam Altman look on on January 21, 2025 in Washington, DC. Trump is expected to announce investment in artificial intelligence (AI) infrastructure. Andrew Harnik | Getty Images News | Getty […]

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Trump says he’s open to TikTok sale to Elon Musk or Larry Ellison
Technology

Trump says he’s open to TikTok sale to Elon Musk or Larry Ellison

The TikTok short form video hosting service logo is seen on a mobile device in this illustration photo taken in Warsaw, Poland on 17 July, 2024. Jaap Arriens | Nurphoto | Getty Images President Donald Trump said on Tuesday that he’d consider the possibility of Tesla CEO Elon Musk or Oracle Chairman Larry Ellison purchasing […]

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S&P 500 futures rise after Tuesday’s post-inaugural rally: Live updates
World

S&P 500 futures rise after Tuesday’s post-inaugural rally: Live updates

Traders work on the floor of the New York Stock Exchange on Jan. 15, 2025, in New York City. David Dee Delgado | Getty Images S&P 500 futures rose Tuesday night after the first trading session post Inauguration Day ended with strong gains. S&P 500 futures rose 0.20%, while Nasdaq 100 futures gained 0.47%. Dow […]

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Trump to announce AI infrastructure investment backed by Oracle, OpenAI and Softbank
Politics

Trump to announce AI infrastructure investment backed by Oracle, OpenAI and Softbank

U.S. President-elect Donald Trump looks on as SoftBank CEO Masayoshi Son delivers remarks at Trump’s Mar-a-Lago resort on December 16, 2024 in Palm Beach, Florida.  Andrew Harnik | Getty Images President Donald Trump will announce a joint venture Tuesday with OpenAI, Oracle and Softbank to invest billions of dollars in AI infrastructure in the United […]

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Oracle shares jump 6% on involvement in AI infrastructure initiative that Trump will announce
Technology

Oracle shares jump 6% on involvement in AI infrastructure initiative that Trump will announce

Oracle co-founder Larry Ellison, center, watches Andy Murray of Great Britain against Alexander Zverev of Germany during their third round match on Day 9 of the BNP Paribas Open at the Indian Wells Tennis Garden on October 12, 2021 in Indian Wells, California. Clive Brunskill | Getty Images Sport | Getty Images Oracle shares jumped […]

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TikTok says it will go dark on Sunday unless Biden intervenes
Technology

TikTok says it will go dark on Sunday unless Biden intervenes

Beata Zawrzel | Nurphoto | Getty Images TikTok said its services will go dark on Sunday without a guarantee from the Biden administration that it won’t punish Apple, Google and other service providers if they support the app. “Unless the Biden Administration immediately provides a definitive statement to satisfy the most critical service providers assuring […]

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Top Supreme Court lawyer charged with tax evasion related to poker winnings
Politics

Top Supreme Court lawyer charged with tax evasion related to poker winnings

Tom Goldstein, who writes SCOTUSblog.com, poses for a photograph in front of the Supreme Court, Thursday, Oct. 31, 2013, in Washington. Alex Brandon | AP A top Supreme Court lawyer who co-founded a popular blog about the high court was indicted Thursday in Maryland on federal tax evasion charges that allege he failed to declare […]

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U.S. tightens its grip on AI chip flows across the globe
World

U.S. tightens its grip on AI chip flows across the globe

US President Joe Biden delivers remarks on advancing the safe, secure, and trustworthy development and use of artificial intelligence, in the East Room of the White House in Washington, DC, on October 30, 2023. Brendan Smialowski | AFP | Getty Images The U.S. government said on Monday it would further restrict artificial intelligence chip and […]

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Cohere co-founder sees big AI opportunity in enterprise, happy to stay out of ChatGPT’s way
Technology

Cohere co-founder sees big AI opportunity in enterprise, happy to stay out of ChatGPT’s way

Omar Marques | Lightrocket | Getty Images Cohere co-founder Nick Frosst is surrounded by chatter of artificial general intelligence, or AGI. He’s perfectly happy to stay out of the conversation. Founded in 2019, by ex-Google AI researchers, Cohere is valued in the billions of dollars and is one of the more high-profile names in the […]

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Silicon Valley’s turn of fortune: Intel has worst year ever, while Broadcom enjoys record gain
Technology

Silicon Valley’s turn of fortune: Intel has worst year ever, while Broadcom enjoys record gain

Hock Tan, CEO of Broadcom (L) and former CEO of Intel, Pat Gelsinger. Reuters | CNBC It was a big year for silicon in Silicon Valley — but a brutal one for the company most responsible for the area’s moniker. Intel, the 56-year-old chipmaker co-founded by industry pioneers Gordon Moore and Robert Noyce and legendary […]

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