Enterprise software firm Oracle has appointed Clay Magouyrk and Mike Sicilia as co-CEOs, marking another instance of a growing trend in corporate leadership. The move follows Safra Catz’s transition to vice chair after more than a decade as CEO, signaling that companies are increasingly exploring...

Nvidia’s commitment to invest as much as $100 billion in OpenAI, paired with a multiyear plan to supply vast datacenter systems, represents one of the largest single alignments between a leading chipmaker and a dominant AI software house. The move stitches together deep pockets and essential...

Oracle is reportedly engaged in talks for a potential multi-year cloud computing agreement with Meta valued at roughly $20 billion, a move that would mark one of the largest single-vendor infrastructure arrangements in the fast-developing artificial-intelligence economy. The discussions, described...

A high-level phone call between the presidents of the United States and China this week produced a joint readout that officials described as “productive,” centered on a tentative breakthrough over the future of a popular short-form video app. The discussion — and an agreement to meet in person on...

Intel’s recent strategic tie-up with Nvidia — a multibillion-dollar equity stake combined with a multi-generation product collaboration — has reframed the debate over whether Intel can economically scale its next-generation 14A manufacturing node. Beyond headline optics, the arrangement offers a...

U.S. and Chinese leaders have converged on an unlikely focal point in efforts to de-escalate one of the world’s most consequential strategic rivalries: the future of TikTok. What began as a dispute over a social media app has grown into a political and economic proxy for broader trust issues...

Huawei on Thursday pulled back the curtain on a sweeping multi-year plan to build home-grown AI chips, high-speed memory and massive “supernode” computing clusters — a blueprint designed to blunt Nvidia’s dominance in accelerated computing and to push China toward semiconductor self-reliance....

In a landmark move that has sent ripples through the global semiconductor industry, Nvidia has announced a $5 billion investment in Intel, marking a significant shift in the competitive landscape. This strategic partnership aims to co-develop advanced chips for data centers and personal computers,...

U.S. and Chinese officials have agreed on a framework to shift TikTok’s control to U.S. hands, in a deal that treads the delicate line between national security, data protection, and cross-border trade diplomacy. The pact, reached in Madrid after intensive negotiations, is set for finalization in a...

Sainsbury’s has confirmed early-stage talks to sell Argos, the general merchandise arm it acquired in 2016, to Chinese e-commerce giant JD.com in a move designed to accelerate Argos’s digital and logistics transformation and sharpen Sainsbury’s focus on groceries. The supermarket group said any...

Giorgio Armani’s will has converted decades of absolute founder control into a tightly choreographed succession plan that effectively compels heirs to put significant chunks of the fashion house on the market or otherwise take it public. The provisions — which call for an initial minority sale...