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The Latest Breaking News from Oracle

OpenAI, Oracle, SoftBank Unveil $500 Billion Stargate Plan With 5 New US AI Data Centers As Nvidia Commits $100 Billion To Support ChatGPT-Parent

OpenAI, Oracle Corp (NYSE:ORCL) and SoftBank Group (OTC:SFTBF) (OTC:SFTBY) on Tuesday announced plans to build five new U.S. data centers as part of the $500 billion Stargate project, a massive private-sector effort to power the next wave of artificial intelligence.

Benzinga

TikTok should do more to keep children off the platform, Canada's privacy watchdog says

Canada's privacy watchdog called for TikTok to enhance protection for children on the social video platform.

Euronews

OpenAI plans to build 5 giant U.S. 'Stargate' datacenters, a $400B challenge to Meta, Microsoft, and Google in the AI arms race

The ChatGPT maker, along with Oracle and SoftBank, drew reporters to rural West Texas to tour the flagship Stargate data center, provide an update on new sites, and dispel doubts about the partnership’s momentum.

Fortune

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OpenAI and Oracle show off Stargate AI data center in Texas and plan five more elsewhere

OpenAI CEO Sam Altman has announced that the Stargate AI data center in Texas will be joined by five more across the U.S. This expansion is part of a $500 billion infrastructure investment promoted by President Donald Trump

The Independent UK

Oracle founder Larry Ellison has pledged to give away 95% of his $393B fortune—but sudden leadership changes fuel a mystery

Ellison has a history of changing his plans for distributing wealth.

Fortune

Oracle Is Poised to Get a TikTok Boost. Should You Buy, Sell, or Hold ORCL Stock Here?

Oracle stock could get a fresh catalyst from its expanded role in securing TikTok’s U.S. operations amid soaring cloud momentum.

Barchart

‘Thank You, Uncle Sam’: Warren Buffett Praises Taxes Despite Saying ‘If Berkshire Had Sent the Treasury a $1 Million Check Every 20 Minutes’ for a Year, It Would Still Owe Money

Berkshire Hathaway set a new corporate tax record in 2024, and the Oracle of Omaha was happy about it.

Barchart

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Is Oracle Stock a Buy, Sell, or Hold as the Company Names 2 New CEOs?

Oracle is going the Netflix route with Clay Magouyrk and Mike Sicilia appointed as co-CEOs.

Barchart

Nvidia's $100 billion investment in OpenAI raises big antitrust concerns — legal experts and policymakers raise eyebrows over potential for market imbalance

Nvidia's planned $100 billion investment in OpenAI represents a historic alliance between the dominant AI GPU developer and a leading AI model developer, but it raises serious antitrust concerns over potential market favoritism, supply chain imbalances, and regulatory scrutiny.

Tom’s Hardware

I tested the brand new Breville Oracle Dual Boiler, and it’s the most futuristic espresso machine I’ve ever used… for better or for worse

The Breville Oracle Dual Boiler is an ultra-modern espresso machine with a Baratza grinder, a huge range of recipes built in, and a commercial-grade steam wand.

Tom’s Guide

Australia may have to choose between a Chinese TikTok and one owned by Trump’s billionaire backers

Expert raises concerns about what US TikTok deal could mean for News Corp’s ‘worrying dominance’ in Australian media

The Guardian - AU

Oracle Stock Went 6x With One CEO—Now It's Two Again, And Last Time Was A Snooze

Safra Catz steered Oracle Corp (NYSE:ORCL) from modest gains to a stock market juggernaut, but now the company is returning to a co-CEO setup with Clay Magouyrk and Michael Sicilia at the helm. Investors are asking the obvious question: Does history repeat itself, or is this time different?

Benzinga

Tariffs on talent? Trumps’s visa fees threaten tech’s most prized employees

The president’s deal on visas could upend Silicon Valley, and will a TikTok purchase finally go through?

The Guardian - US

Oracle appoints not one, but two, co-CEOs as Safra Catz leaves top job

Safra Catz steps down as Oracle CEO after 10 years, Clay Magouyrk and Mike Sicilia elected to take over as co-CEOs.

TechRadar

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Fortune

Oracle’s co-CEO structure will challenge the trope that having two chief executives rarely works

Also: All the news and watercooler chat from Fortune.

Benzinga

Nvidia's $100 Billion Bet On OpenAI The 'Latest Salvo' In The Big Tech Arms Race, Says Gene Munster: 'Bumps Up the Bar' For The Rest

Deep Water Asset Management Managing Partner Gene Munster said on Monday that Nvidia Corp.’s (NASDAQ:NVDA) multi-billion-dollar commitment to OpenAI marks a pivotal moment in the AI arms race, one that escalates things to a whole new level.

The Independent UK

Asian shares trade mixed after US stocks set more records

Asian shares are trading mixed in the absence of key market-driving news in the region, after a seemingly relentless rally continued on Wall Street

Al Jazeera

For China, TikTok becomes bargaining chip amid tensions with US

Beijing’s stance on selling the video-sharing platform has softened amid other disputes with Washington.

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news in one place.

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Fortune

Oracle’s new Gen X and Millennial CEOs get stock options worth $350 million—but they'll have to keep the stock soaring to collect

CEOs Clay Magouyrk and Michael Sicilia will take over for Safra Catz, who will take on a new role as executive vice chair of the board.

The Guardian - US

Murdoch, Ellison and China: what we know about the US’s TikTok deal

TikTok’s future in the US has been in limbo for over year, but Trump says the US and China finally have a deal

Kiplinger

Stocks Climb as Apple, Nvidia Soar: Stock Market Today

Oracle joined in on the fun, too, after the software giant announced a C-suite shake-up.

TechRadar

The US version of TikTok might be more concerning than the Chinese one

The US government says it's close to signing a deal to bring TikTok inside the US, with US control, but so many big questions and concerns remain.

Al Jazeera

Investors rejoice over looming TikTok deal despite political concerns

White House says Oracle, whose cofounder Larry Ellison is a key Trump ally, will be an investor in short-video app.

Geekflare

NVIDIA to Invest $100 Billion in OpenAI for 10-Gigawatt AI Systems

OpenAI and NVIDIA have signed a letter of intent for a strategic partnership to deploy at least 10 gigawatts of NVIDIA systems to power OpenAI’s

Benzinga

Oracle Stock Is Rallying To Start The Week: What's Driving The Momentum?

Oracle Corporation (NASDAQ:ORCL) shares are trading higher and trending on Monday. Here’s a look at what’s going on.

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