The Associated Press reported Friday (December 19), citing an internal memo from ByteDance CEO Shou Zi Chew, that TikTok’s parent has signed binding agreements with a consortium of investors to form a ...
Oracle is investing heavily in artificial intelligence, and it may be taking on too much risk in the process. Its top-line results fell short of expectations in its most recent quarter. The company ...
Cloud-computing companies including Oracle Corp., Microsoft Corp. and Meta Platforms Inc. have committed to spend a combined $500 billion on data center leases in the coming years, an astronomical sum ...
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 ...
NEW YORK, Dec 12 (Reuters) - The red-hot trade backing artificial intelligence-related stocks has taken a bruising from back-to-back troubling updates from Oracle and Broadcom, reigniting concerns ...
Artificial intelligence related stocks fell sharply on Friday amid separate concerns about a group of the largest companies in the space, including Broadcom (AVGO) and Oracle (ORCL). Broadcom shares ...
Oracle recently reported disappointing earnings. Broadcom's backlog of orders failed to excite artificial intelligence investors. Investors are concerned about valuations, intense spending on ...
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