TikTok owner ByteDance plans to spend more than $12 billion on artificial intelligence infrastructure this year, betting on the cutting-edge technology for new growth, the Financial Times reported on Tuesday,
Microsoft on Tuesday said it has changed some key terms of a deal with OpenAI after the ChatGPT creator announced a joint venture with Oracle and Japan's SoftBank Group to build up to $500 billion of new AI data centers in the United States.
Welcome back to Week in Review. This week, we’re looking at the impacts of the looming TikTok ban in the U.S., including the “TikTok refugees” moving to
From new AI tools from OpenAI and Google Gemini to TikTok's ban in the US – here's everything you need to know from the last week.
President Donald Trump has announced that he's open to billionaire ally Elon Musk buying TikTok. Follow Newsweek's live blog for updates.
Led by Aravind Srinivas, artificial intelligence (AI) search engine start-up Perplexity AI has pitched a merger with TikTok in the US. The company's bid was submitted to TikTok's parent company ByteDance yesterday. The proposed new entity would include Perplexity, TikTok US and new capital partners.
The biggest billionaire winner of the first day of trading in Trump’s second term was Larry Ellison, whose net worth jumped over $10 billion as his company’s stock surged.
Oracle will be involved in a joint venture for artificial intelligence infrastructure in the U.S. that President Trump will announce.
ANALYSIS: The chaotic unbanning of TikTok signals a new political fusion between corporate power and American authoritarianism — and Silicon Valley stands eager to serve, writes Io Dodds
ByteDance has launched an artificial intelligence (AI)-powered code editor in competition with American leaders like Cursor and Microsoft's Visual Studio Code, just after US President Donald Trump delayed the enforcement of a law requiring the company to divest TikTok.
During a press conference on Tuesday afternoon, President Donald Trump floated the idea of Elon Musk or Larry Ellison purchasing TikTok, while also proposing that the U.S. government take a significant share of the transaction.