Bubble, you say? OpenAI will borrow billions to pay Big Red, who will borrow billions on the hope OpenAI pays it As part of its $300 billion cloud compute contract with OpenAI, Oracle may need to ...
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Larry Ellison loses $25B after Oracle's slide
Larry Ellison just experienced the kind of market shock that even the world's richest investors rarely see in a single session, with roughly $25 billion erased from his fortune after a steep slide in ...
Larry Ellison's wealth took a big hit on Thursday, with $24.9B wiped off his net worth after Oracle's (ORCL) weak guidance and massive AI spending plans pushed its stock down around 11%. Ellison is ...
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