Topic: wall street journal

  • OpenAI and Oracle Seal Historic Cloud Partnership

    OpenAI and Oracle Seal Historic Cloud Partnership

    Oracle's stock surged after announcing multi-billion-dollar cloud deals, including a historic $300 billion agreement with OpenAI set to begin in 2027. OpenAI is diversifying its cloud infrastructure beyond Microsoft Azure, partnering with Oracle and Google to meet its massive computational demand...

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  • AI Expert Andrew Tulloch Joins Meta from Thinking Machines Lab

    AI Expert Andrew Tulloch Joins Meta from Thinking Machines Lab

    Meta has hired Andrew Tulloch, a prominent AI researcher and co-founder of Thinking Machines Lab, as part of its aggressive strategy to lead in artificial intelligence. The recruitment follows Meta CEO Mark Zuckerberg's efforts to acquire the startup and reportedly offering Tulloch a compensation...

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  • Trump: US to Receive 'Tremendous Fee' for TikTok's China Exit

    Trump: US to Receive 'Tremendous Fee' for TikTok's China Exit

    The Trump administration is negotiating a deal for TikTok's US operations to be sold to American investors, with a substantial fee paid to the government to address national security concerns. US-based entities like Silver Lake and Oracle would acquire a majority stake, while ByteDance retains a ...

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  • Why Porsche Puts the Ignition on the Left Side

    Why Porsche Puts the Ignition on the Left Side

    The left-side ignition in Porsche 356 models originated from post-war material frugality to shorten wiring, not from racing strategy as commonly believed. The dangerous "Le Mans start" was abandoned after race incidents and a protest by Jacky Ickx, who won by prioritizing safety over a hurried st...

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  • Trump, ByteDance Claim TikTok Deal Approved-Official Details Still Pending

    Trump, ByteDance Claim TikTok Deal Approved-Official Details Still Pending

    President Trump announced that a proposed deal for TikTok, approved by Chinese President Xi Jinping, would place the app under a U.S.-led investor group, with ByteDance committing to keep it operational for American users. The agreement follows months of negotiations over national security concer...

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  • xAI CFO Exits Elon Musk's AI Firm in Latest Executive Departure

    xAI CFO Exits Elon Musk's AI Firm in Latest Executive Departure

    xAI's CFO Mike Liberatore departed after a brief tenure, continuing a pattern of high-level executive turnover at Elon Musk's AI company. During his time, Liberatore secured $5 billion in debt financing and managed infrastructure growth, with nearly half of the equity funding coming from SpaceX. ...

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