Oracle's AI spending blows past estimates, raising worries over growing debtOracle, which has major deals to build data centers for customers such as Meta Platforms and OpenAI, is working to position itself as a ma...
11 Jun, 2026, 08.04 AM IST
Wall Street Week Ahead: Blockbuster SpaceX IPO set to test high-flying US stocks rallySpaceX's massive $75 billion IPO is set to launch next week, potentially valuing the company at $1.75 trillion. Investors are watching clos...
06 Jun, 2026, 09.08 AM IST
How Larry Ellison, Masayoshi Son, Michael Saylor AI crypto billionaires reshaping legacy wealth in 2026 markets shift?Oracle’s AI cloud surge, SoftBank’s OpenAI-backed rebound, and MicroStrategy’s Bitcoin strategy reflect a new billionaire era. Over $1 tril...
05 Jun, 2026, 03.40 AM IST
Lenskart, Ola’s Q4 scorecards; Visa maze for laid-off techiesLenskart has posted a sharp jump in its March-quarter revenue even as profit dipped marginally. This and more in today’s ETtech Top 5.
20 May, 2026, 08.03 PM IST
US stocks today: Oracle, CoreWeave lead AI selloff on OpenAI growth concernsShares of AI companies fell on Tuesday. OpenAI reportedly missed user and revenue goals. This has sparked worries about its ability to fund...
28 Apr, 2026, 08.02 PM IST
Oracle, CoreWeave shares drop after report flags OpenAI growth worriesOpenAI's recent performance has caused a stir. The company reportedly missed targets for new users and revenue. This has led to worries abo...
28 Apr, 2026, 06.17 PM IST
Related Digital secures financing for $16 billion Oracle data centre in MichiganRelated Digital has secured $16 billion in financing for its Michigan data centre campus, a project for Oracle. The funding includes equity...
25 Apr, 2026, 08.19 AM IST
OpenAI partners shoulder nearly $100 billion debt to fund its AI ambitionsOpenAI’s growth is being funded mostly through huge borrowing by partners like Oracle, SoftBank and CoreWeave, which now hold nearly $100 b...
30 Nov, 2025, 09.07 PM IST
ETtech Explainer: OpenAI deals with AMD, Nvidia spark bubble concernsAs per a Financial Times report, the combined value of these deals now stands at $1 trillion, compared to OpenAI’s valuation of $500 billio...
07 Oct, 2025, 07.02 PM IST
From OpenAI to Meta, firms channel billions into AI infrastructure as demand boomsLarger chip rival Nvidia has also announced a plan to invest up to $100 billion in OpenAI, as appetite for systems powering AI surge on exp...
06 Oct, 2025, 07.02 PM IST
OpenAI to join tech giants in building five new data centres in USOpenAI, backed by Nvidia's $100 billion investment, partners with SoftBank and Oracle to construct five new data centers across the U.S. Th...
24 Sep, 2025, 06.46 AM IST
Oracle eyes $20 billion AI cloud computing deal with Meta, source saysOracle is reportedly in discussions with Meta for a substantial multi-year cloud computing agreement valued at approximately $20 billion. T...
20 Sep, 2025, 09.41 AM IST
Moody’s urgent outlook on Oracle’s future growth path - here's what it meansOracle growth outlook 2025: Oracle's AI ambitions are soaring, highlighted by a massive $300 billion deal with OpenAI, driving its stock up...
19 Sep, 2025, 06.47 PM IST
OpenAI’s $300 billion Oracle deal sparks AI bubble fears, experts sound alarm - key reasonsAI bubble fears: Oracle's stock soared after announcing a massive $300 billion deal with OpenAI, projecting a $455 billion in contracts. Ho...
17 Sep, 2025, 06.35 PM IST
ET Explainer: How Oracle became the new Nvidia amid AI cloud surgeOracle's stock experienced a significant 36% surge following the announcement of multi-billion-dollar AI cloud deals, including a substanti...
12 Sep, 2025, 06.00 AM IST
OpenAI signs $300 billion data center pact with tech giant OracleOpenAI previously said it had reached a deal with Oracle to build massive AI data centers in the United States as part of what it calls Pro...
11 Sep, 2025, 07.14 AM IST
Microsoft relaxes data center grip on OpenAI amid $500 billion joint ventureSince 2019, Microsoft has had arrangements with OpenAI that gave the Redmond, Washington-based company the exclusive right to build new com...
22 Jan, 2025, 07.45 AM IST