Billionaire Larry Ellison’s backing of Stargate could help grease the wheels for the embattled merger between Paramount Global and Skydance Media, sources told The Post.
President Donald Trump said he would be open to billionaire supporter Elon Musk or Oracle Corp. Chairman Larry Ellison purchasing social video app TikTok as part of a joint venture with the US government.
Yes, that's the name of a 1994 Roland Emmerich movie. It's now a big infrastructure project to help power tech giants' foray into AI.
He previously floated a joint venture, saying that the US should be entitled to half of the app.
President Donald Trump has said he would be open to Tesla CEO Elon Musk or Oracle chairman Larry Ellison buying TikTok as part of a joint venture with the
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US President Donald Trump he would be open to tech billionaire Elon Musk – the owner of social media platform X – buying Chinese-owned app TikTok.
US President Donald Trump has shown support for Elon Musk potentially buying TikTok and proposed that the US government receive a 50% ownership stake
President Donald Trump stood with one of San Francisco’s top tech tycoons inside the White House on Tuesday to announce a $500 billion artificial intelligence project, dubbed “Stargate.” Trump held a press conference alongside Sam Altman of OpenAI and Larry Ellison of Oracle to reveal to hefty investments for creating infrastructure to power
Catch up on the latest business headlines with Jane King, including a recall of space heaters and JetBlue accepting Venmo payments.
Trump revealed that OpenAI, SoftBank (TYO: 9984) Group (SBG), and Oracle (NYSE: ORCL) are partnering on a joint venture (JV) called Stargate, which he said will develop data centers and generate over 100,000 jobs across the US.
Social media influencer MrBeast says he'd buy TikTok to keep it from being banned. Elon Musk reportedly is interested in buying the app as well.