A company based at Armidale Regional Airport is expanding its platform through partnerships with Oracle and ByteDance, leveraging agentic AI, while facing export challenges related to China.

The entities involved

• Oracle →

  company in Madrid, Spain

  • Major tech companies, including SpaceX, Google, and Nvidia, are expanding into AI technology, benefiting from increased demand for AI infrastructure and memory supply.Mon 11:53
  • Oracle's AI spending plan relates to OpenAI's compute needs, which in turn benefits Nvidia as a chip supplier.Mon 11:00
• ByteDance →

  Chinese Internet and technology company

  • Anthropic, ByteDance, and Colossal Biosciences are noted as potential investment targets within a private technology portfolio.Mon 10:27
  • Shaires Holdings Ltd is building indirect stakes and committing funds to several AI companies, including Moonshot AI, Anthropic, and ByteDance.Mon 10:27

Related events

• Oracle's capital expenditure is flowing into companies that provide essential AI infrastructure and hardware.Sep 11
• Microsoft, Oracle, Amazon, and Google are competing in AI-powered enterprise and multi-cloud solutions.Jul 2
• Companies race to build data centers and expand AI capacity.Sep 11
• The ongoing AI buildout is leading to a market reassessment for both OpenAI and Oracle.Jun 26
• Nvidia, Oracle, and Micron Technology are competing in the AI infrastructure market and benefiting from the ongoing boom.Sep 21