Key facts: Oracle signed a five-year, $300 billion deal with OpenAI to build AI computing infrastructure, requiring significant upfront investments and expected annual borrowing of $25 billion for four years.
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- Oracle signed a five-year, $300 billion deal with OpenAI to build AI computing infrastructure, requiring significant upfront investments and expected annual borrowing of $25 billion for four years.1
- A Deutsche Bank survey found institutional investors rated concerns about a tech stock bubble at 7.4/10, with Oracle benefiting from excitement over artificial intelligence.2
- Oracle is part of a group managing TikTok's U.S. operations, partnering with Silver Lake for backend tasks, while revenue activities stay with ByteDance.3