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The White House is spearheading discussions on TikTok's future in the US, proposing that ByteDance's largest non-Chinese investors take control of the app's American operations. This plan aims to spin off TikTok's US entity and reduce Chinese ownership below 20% to comply with legal requirements and avert a ban. Susquehanna International Group and General Atlantic are leading the negotiations, with KKR involved, while Oracle is set to manage US user data to enhance security against foreign access. ByteDance maintains that US data is stored on Oracle-operated servers and that content moderation is conducted domestically.
Lloyds Banking Group has expanded its partnership with Oracle to enhance its technological transformation. The multi-year agreement focuses on migrating Oracle databases to Oracle Database@Azure, allowing operations within Microsoft Azure data centers while also implementing Oracle Exadata Cloud@Customer for in-house database management. This collaboration aims to support Lloyds' multicloud strategy with consistent capabilities across platforms.
Lloyds Banking Group has entered a multi-year agreement with Oracle to enhance its customer experience by relocating its Oracle databases to Oracle Database@Azure, supporting its multi-cloud strategy. This collaboration allows for increased efficiency and agility, enabling Lloyds to accelerate its cloud transition and improve service offerings. Oracle Database@Azure provides the performance and security of Oracle Cloud Infrastructure while facilitating the migration of on-premises databases to the cloud without extensive rearchitecting.
Lloyds Banking Group has expanded its partnership with Oracle to enhance its cloud migration strategy, migrating its Oracle databases to Oracle Database@Azure. This collaboration aims to unify cloud environments and improve service performance, security, and resilience, while also accelerating the bank's digital transformation efforts. Additionally, Lloyds recently launched the Global Correlation Engine, a cybersecurity tool designed to analyze and detect trends in alerts from various systems.
Lloyds Banking Group has expanded its partnership with Oracle to enhance its technological transformation. The multi-year agreement involves migrating Oracle databases to Oracle Database@Azure, allowing operations within Microsoft Azure data centers while also implementing Oracle Exadata Cloud@Customer for on-premises database management. This collaboration supports Lloyds' multicloud strategy with consistent capabilities across platforms.
Lloyds Banking Group is enhancing its multicloud strategy by migrating its Oracle databases to Oracle Database@Azure, utilizing Oracle Exadata Cloud@Customer for on-premises operations. This collaboration with Oracle aims to accelerate cloud adoption, improve service performance, and deliver innovative products faster, ultimately enhancing customer experience.
SoftBank Group Corp announced on March 19 that it will acquire US-based chipmaker Ampere Computing for $6.5 billion in an all-cash deal. Founded in 2018 by former Intel president Renee James, Ampere specializes in CPU chips for data centers, particularly for AI applications. This acquisition enhances SoftBank's AI-focused chip portfolio as Ampere joins Arm Holdings.
Goldman Sachs' president, John Waldron, is seen as a frontrunner to succeed David Solomon as CEO, with a career marked by a strong work ethic and client relationships. Meanwhile, the IPO market is cautiously reopening, with tech start-ups like CoreWeave and Klarna planning listings, although concerns linger due to recent market volatility.
Elon Musk's xAI is partnering with Microsoft and others on a $30 billion data center project, solidifying its position in the competitive AI landscape. Despite challenges in producing accurate chatbot responses, xAI aims to leverage its integration with X to differentiate its Grok chatbot. The venture raises questions about energy sourcing and job impacts, as Musk's ties to the Trump administration bolster funding opportunities amidst a rapidly evolving AI infrastructure race.
Nvidia CEO Jensen Huang's recent keynote highlighted a significant surge in demand for the Blackwell chip, surpassing last year's Hopper figures from major cloud service providers. UBS analysts predict substantial near-term earnings growth for Nvidia, estimating Blackwell shipments could reach around 4.2 million units this year.In a bold move, Alphabet has announced a $32 billion acquisition of cloud security firm Wiz, its largest deal to date, following a revised offer amid regulatory concerns. Despite a 4% drop in shares post-announcement, the acquisition represents only 1.5% of Alphabet's market value, driven by the need to compete with Amazon and Microsoft in cloud computing.
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
White House leads talks on TikTok ownership shift in the US
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lloyds banking group enhances cloud strategy with expanded oracle partnership
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SoftBank acquires Ampere Computing for 6.5 billion dollars in cash
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musk partners with microsoft for major ai infrastructure project amid competition
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nvidia and google make headlines with major deals and market movements
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