Oracle's TikTok Review & OpenAI Investment: A New Tech Landscape

Oracles stock surged by five percent in after-hours trading on Monday, following two major announcements. The tech giant announced it would review TikToks source code and development to address national security concerns, and is in talks to invest in OpenAI, the company behind ChatGPT. Oracles involvement in TikTok aims to provide oversight and transparency, while an investment in OpenAI could give Oracle a significant stake in a leading AI company. These moves position Oracle as a key player in data security and AI, two critical areas in the global tech landscape.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.