NYSE:ORCLSoftware
Does TikTok Data Oversight Deal Reshape the Bull Case for Oracle’s AI Cloud Story (ORCL)?
In recent days, TikTok’s parent ByteDance agreed to form a U.S.-based joint venture with Oracle, Silver Lake, and MGX, under which Oracle will oversee TikTok’s U.S. data protection, content moderation, and algorithm security while hosting the platform on its cloud infrastructure.
This agreement not only expands Oracle’s cloud workload with a high-traffic consumer app, it also elevates the company’s role in U.S. digital governance and national security-sensitive data oversight.
We’ll now...