OpenAI's aggressive cloud and compute commitments are sending shockwaves through public markets, hammering key partners ...
Nvidia’s OpenAI pivot puts Oracle’s accounting in the spotlight.
The database and cloud software company assured investors that NVIDIA and OpenAI's supposedly lofty deal won't help or hurt its business.
Oracle Corporation plans to raise $45B–$50B of gross cash proceeds through a balanced mix of debt and equity. Read more on ORCL stock here.
The narrative around OpenAI has completely flipped, challenging Oracle's justification of borrowing money to fund artificial ...
The stock is down by more than 55% from its 52-week high.
Shares of tech heavyweights with ties to OpenAI have gained in the wake of positive developments for the startup that boosted ...
Oracle has said it plans to raise between $45-50 billion in debt and equity in 2026 to help fund the expansion of its cloud computing business. As reported by The Information, Oracle will use the ...
In just over three years, OpenAI has gone from a relatively unknown to a tech industry giant worth as much as $830 billion, based on its current fund-raising round. It's currently seeking $100 billion ...
Oracle is raising more debt and Nvidia is walking back its OpenAI investment target. Both are signs that the AI trade could be on shaky ground, according to one analyst.
DA Davidson analysts say a new wave of hype amid fresh funding for OpenAI could boost four stocks in the ChatGPT maker's orbit.
Software giant Oracle has a vast installed base of enterprise customers that it has agglomerated over the decades that gives it the cash flow to do many things. But what it does not have is the cash ...