Oracle, which provides cloud computing infrastructure for a growing number of companies including ChatGPT-maker OpenAI, has been long rumoured to play a role in President Trump’s deal.
It recently reported a surge in demand among AI companies for its data centres, which helped push its stock dramatically higher and briefly made its co-founder and chairman Larry Ellison the world’s richest person.
Earlier this year, President Trump said he would like to see Mr Ellison buy TikTok.
Private equity firm Silver Lake, which has investments in companies including Manchester City football club owners City Football Group, was revealed to also be involved in the deal.
White House officials said the new joint venture controlling the app would be seeking patriotic investors and board members experienced in cybersecurity to oversee its operations.
They believe the value of the deal would likely amount to billions of dollars.
But Jasmine Enberg, principal social media analyst at eMarketer, said that changes to the way TikTok works for US users could risk putting them off the app or potentially lower its value for creators, brands and investors.
“Material (or even perceived) changes to the content, algorithm or app policies could prompt massive shifts in user behaviour,” she told BBC News.
“While the details of the deal still aren’t clear, if a US-only algorithm cuts US TikTok users off from content in the rest of the world, that could degrade the user experience.”
