Chinese artificial intelligence (AI) startup DeepSeek revealed shocked U.S. investors with claims it built its models at a fraction of the cost and with lower-tier chips. Companies like Microsoft (MSFT),
Cloud computing giant Oracle (NYSE: ORCL) has delivered impressive gains in the past year, rising more than 48% on the market as compared to the 25% gains registered by the Nasdaq Composite index over the same period (as of this writing).
Oracle looks like a big winner from the new Stargate Project. The tech giant began working more closely with OpenAI last summer. Oracle is outgrowing leaders like Amazon in cloud-infrastructure revenue.
President Donald Trump has denied holding talks with Oracle (ORCL) about a TikTok deal, saying that he has “spoken to many people about
Stargate appears to be another huge AI data center project on the horizon. Nvidia and TSMC will both benefit from the number of AI chips needed for this venture. The project, meanwhile, will help Oracle become a much bigger player in cloud computing.
U.S. stocks dropped sharply Monday after a surprise advancement from a Chinese artificial intelligence company, DeepSeek, threatened the aura of invincibility surrounding America's technology industry.
US Dollar South African Rand, Gold Spot US Dollar, Euro Stoxx 50, Nikkei 225. Read Adriaan Pask's latest article on Investing.com South Africa.
President Donald Trump said he is open to Elon Musk or Oracle (ORCL) Chairman Larry Ellison purchasing TikTok as part of a joint venture with
TikTok's fate remains uncertain as Apple, Google, and Oracle have differing approaches due to their interests. Trump's support for Oracle and potential buyers adds to the drama.
Oracle on Tuesday released a new set of artificial intelligence agents to help salespeople with a range of tasks around dealing with customers. U.S.-based Oracle is among a wave of big tech companies focusing on creating virtual assistants that can tackle repetitive or difficult tasks with more autonomy.
TikTok has announced that it will cease operations in the U.S. on Sunday, unless the Biden administration provides assurances to tech giants.
The technology sector is a key driver of innovation and economic growth, offering significant opportunities for investors eager to take advantage of the digital boom anticipated in 2025. The growth of artificial intelligence (AI),