Oracle would lead deal to acquire global operations

Comes as parent company plans $12bn AI chip splurge

But could still be forced into a joint venture

TikTok owner increasing compute capacity to meet AI demands

Would make TikTok’s parent company one of Nvidia’s biggest customers

ByteDance hopes to make it till Trump's next term

Acquired double the Nvidia chips as Meta, according to Omdia  

Unless the social media app can be sold by its Chinese owner... or Trump comes to the rescue

Progress is made on "Project Clover"

Could open as soon as next year

Accounting for a quarter of all spend on Azure OpenAI

As ByteDance battles ban in the US

Claims made in response to legal challenge against forced sale of the app

Cloud provider includes warning to investors in annual report

Advanced AI processors will be manufactured by TSMC

Minister hails boost for Malaysia's digital economy

Chinese cloud providers have also attempted to establish data centers in the US to avoid sanctions

Platform will be banned if it's not sold

Oracle would have to stop hosting it, if it doesn't sell

Company relies on Oracle for American operations

After Covid delayed the project by a year-and-a-half

Local hyperscalers want to get in on generative AI explosion, but can only get pared-back chips

A huge win for the chip startup, as well as data center host Colovore

But more stringent data center rules on the horizon