The deal positions Snowflake to compete with Databricks in AI while giving OpenAI enterprise distribution beyond Microsoft’s ecosystem.
Oracle's 5-year credit default swaps are tumbling after the company announced a $50 billion debt and equity financing plan.
Oracle is undergoing massive AI-driven data center expansion, pressuring debt and margins in the near term. Learn why ORCL ...
The capital injection aims to satisfy surging cloud demand from heavyweight clients including OpenAI, Meta, Nvidia, AMD, ...
The tech giant has invested huge sums in the AI infrastructure buildout in recent times.
Oracle’s 2026 debt/equity raise could be a clearing event for ORCL, easing OCI funding fears and refocusing on ...
Jason Maynard named CEO at Qualtrics; Jenny Lay-Flurrie gets a new gig at Microsoft; and more key personnel changes.
Feb 1 (Reuters) - Oracle said it expects to raise $45 billion to $50 billion in 2026 to build additional capacity ...
Oracle’s statement “chips away at hyperscaler supply risks,” Bank of America said. So why did the stock start trading down on Monday? OpenAI played a part.
Councillors at audit committee urged to ensure strong project governance and adequate tech staffing levels and change ...
Oracle stock rose on Monday after the tech giant said it plans to raise up to $50 billion this year to fund its ambitious bet on AI and cloud computing.
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