Oracle shares fell premarket after the cloud-services giant announced plans to raise up to $50 billion this year to fund its artificial-intelligence infrastructure buildout. Shares declined more than ...
Oracle's Larry Ellison believes the AI race is becoming a commodity due to shared internet data. He argues the future lies in leveraging private enterprise data, a move Oracle is heavily investing in ...
Bondholders have filed a lawsuit against Oracle, claiming they lost money. They allege the company, led by Larry Ellison, did not reveal it needed to sell more debt to expand its AI systems. The New ...
Oracle has been sued by bondholders who claim the company concealed how much debt it would need to sell to support the AI buildout for Oracle's $300 billion OpenAI deal. The bond offering followed ...
NEW YORK, Jan 14 : Oracle was sued on Wednesday by bondholders who say they suffered losses because the company led by billionaire Larry Ellison failed to disclose it needed to sell significant ...
NEW YORK, Jan 14 (Reuters) - Oracle was sued on Wednesday by bondholders who say they suffered losses because the company led by billionaire Larry Ellison failed to disclose it needed to sell ...
Oracle faces a proposed class action from bondholders over alleged nondisclosure of AI-related debt needs. The suit targets $18 billion in notes and bonds issued in September. Shares traded lower as ...
Eavesdropping on their owners seems to help some toy-crazy and talented pups learn more words. Eavesdropping on their owners seems to help some toy-crazy and talented pups learn more words. Miso, a ...
In a move that reflects the downsizing of late-night TV, ABC’s “Jimmy Kimmel Live” will be decreasing its music performances in the coming weeks, a source confirms to Variety. The news was first ...
Multiple media outlets, including Associated Press, reported that ByteDance has reached an agreement with Oracle, Silver Lake, and Abu Dhabi-based MGX to set up a joint venture for TikTok's US ...
Oracle's partner in a $300 billion deal, OpenAI, is projected not to be cash generative until 2030. The bond markets are growing stressed about the company's future financing needs. This appears to be ...
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