Oracle and OpenAI Win Michigan Approval to Power New Data Center

TikTok has signed a deal to establish a new U.S. unit with American investors Oracle, Silver Lake, and MGX, who will hold a majority stake. This move marks a significant step in TikTok's efforts to separate from its Chinese parent company, ByteDance, amid ongoing regulatory scrutiny in the U.S.

Oracle has launched its A4 Standard cloud instances featuring AmpereOne M cores, which provide high-performance CPU configurations and emphasize silicon neutrality for flexible deployments. This move marks a significant step in expanding Oracle's cloud offerings beyond its Oracle Cloud Infrastructure (OCI).

OpenAI is reportedly entering a new fundraising round that could value the startup at as much as $830 billion, amidst growing concerns about a potential AI bubble affecting the tech industry. This valuation comes at a time when many tech-related companies are facing scrutiny over their financial sustainability.

A leading economist has stated that OpenAI is 'definitely not' too big to fail, suggesting that the potential collapse of the AI bubble would not have catastrophic consequences. This perspective comes amid growing concerns about the sustainability of investments in artificial intelligence, particularly following OpenAI's significant market fluctuations.

OpenAI CEO Sam Altman declared a 'code red' for the company's ChatGPT platform, emphasizing the urgent need for improvements amid rising competition from Google's Gemini 3. This declaration marks a significant moment for OpenAI, highlighting ongoing challenges in maintaining its leadership in the AI sector.

Palona AI, a startup founded by former Google and Meta engineers, has launched Palona Vision and Palona Workflow, marking a significant shift towards the restaurant and hospitality sectors. These new features aim to create a real-time operating system for restaurant operations, integrating various modalities such as cameras and task execution. This launch represents a strategic pivot from the company's initial focus when it debuted in early 2025 with $10 million in seed funding.

Anthropic has announced the launch of its Agent Skills technology as an open standard, aiming to enhance the capabilities of AI assistants in the enterprise software market. This initiative includes organization-wide management tools and a directory of partner-built skills from notable companies such as Atlassian, Figma, and Canva.

OpenAI has initiated the acceptance of app submissions from third-party developers for integration into ChatGPT, alongside the launch of an App Directory accessible via the ChatGPT sidebar. This allows over 800 million users to discover and utilize new applications directly within their conversations.