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Oracle shares fell 5% after bondholders sued over undisclosed AI-related borrowing plans

Oracle shares fell 5% in afternoon trading on the New York Stock Exchange after bondholders filed a lawsuit against Larry ...

As OpenAI is 'about to fall apart' predictions make headlines, Sam Altman goes to Middle East to participate in

OpenAI CEO Sam Altman is reportedly seeking a $50 billion investment from Middle Eastern sovereign wealth funds amidst warnings of the AI company's rapid decline. Despite a $500 billion valuation, ...
Newsweek

Trump Announces Stargate: Texas-Based Investment Combines AI Heavyweights

Three major business leaders—SoftBank Group CEO Masayoshi Son, OpenAI CEO Sam Altman and Oracle Corp. Chairman Larry Ellison—joined President Donald Trump on Tuesday afternoon at the White House to ...

Oracle sued by bondholders over losses tied to AI buildout

By Jonathan Stempel NEW YORK, Jan 14 (Reuters) - Oracle was sued on Wednesday by bondholders who say they suffered losses ...

Oracle founder Larry Ellison tells the biggest problem with AI models from Google, OpenAI, Meta, and other big tech companies

Oracle's Larry Ellison believes AI's next frontier is private enterprise data, not just public internet. He argues current models are commoditized and true value lies in securely accessing and ...
Business Insider

Sam Altman says he has '0%' excitement about being CEO of a public company ahead of a potential OpenAI IPO

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