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Oracle CEO Clay Magouyrk, center, speaks on a media tour of the Stargate data center in Abilene, Texas, on Sept. 23, 2025. Stargate is a collaboration of OpenAI, Oracle and SoftBank, with promotional support from President Donald Trump, to build data centers and other infrastructure for artificial intelligence throughout the US. Kyle Grillot | Bloomberg…
Many predict that the artificial intelligence boom will dramatically change how people live and work, and the scale and pace of recent AI deals seems to reflect this. At the center are a handful of companies that are increasingly turning to each other to finance and build out the necessary infrastructure. ChatGPT-maker OpenAI alone has…
As 2025 enters its final months, Disney inches closer to the announcement the entire entertainment industry has been waiting for — who will take over for Bob Iger as the company’s next CEO. Disney has publicly stated it will name Iger’s successor in early 2026. Two internal candidates stand out as the most likely contenders:…
AMD Chair and CEO Lisa Su looks on, on the day of a meeting of the White House Task Force on Artificial Intelligence (AI) Education in the East Room at the White House in Washington, D.C., U.S., September 4, 2025. Brian Snyder | Reuters Oracle Cloud Infrastructure on Tuesday announced that it will deploy 50,000…
OpenAI DevDay Ashley Capoot | CNBC Virtually every successful tech startup throughout history has faced the reality that it could get swallowed up or run over by a large incumbent at any moment. It’s part of daily life for an entrepreneur. But the company at the center of the current boom is a different kind…
The Stargate AI data center under construction in Abilene, Texas, US, on Tuesday, Sept. 23, 2025. Stargate is a collaboration of OpenAI, Oracle and SoftBank, with promotional support from President Donald Trump, to build data centers and other infrastructure for artificial intelligence throughout the US. Kyle Grillot | Bloomberg | Getty Images Oracle stock slipped…
President of Microsoft North America Judson Althoff speaks on stage during We Day at KeyArena in Seattle, Washington, on April 23, 2015. Mat Hayward | Getty Images Microsoft‘s top-ranking sales leader, Judson Althoff, has been promoted to a bigger role as CEO of the company’s commercial business. Satya Nadella, Microsoft’s CEO, wrote in a memo…
Muhammed Selim Korkutata | Anadolu | Getty Images President Donald Trump on Thursday signed an executive order approving a proposal that would keep TikTok alive in the U.S. in a transaction that Vice President JD Vance said values the business at $14 billion. The deal satisfies the requirements of a national security law requiring China-based…
A preliminary deal to keep TikTok alive in the United States will not involve the federal government taking an equity stake or a “golden share” in the social media company, a senior White House official said Monday. The official confirmed that the deal will base the popular video app’s U.S. operations in the states as…
U.S. President Donald Trump speaks in the Oval Office at the White House in Washington, D.C., U.S., Sept. 19, 2025. Ken Cedeno | Reuters President Donald Trump said in an interview that aired Sunday that conservative media baron Rupert Murdoch and his son Lachlan are likely to be involved in the proposal to save TikTok in…