Oracle Faces Lawsuit Over Alleged Bond Sale Disclosure Failures
Bondholders sue Oracle for $18B debt sale, claiming the company failed to disclose plans for additional $38B in loans needed for AI infrastructure expansion.
/ 42 items
#ORCL↓
SoftBank Acquires DigitalBridge for $4B in AI Infrastructure Deal
SoftBank acquires DigitalBridge for $4 billion to expand AI infrastructure including data centers and connectivity networks. Deal expected to close in late 2026.
TikTok's $14 Billion US Deal: Oracle-Led Consortium Takes Control as Chinese Parent Steps Back
TikTok announces binding agreements for Oracle-led buyout of US operations valued at $14 billion, separating from ByteDance while questions remain about algorithm control and revenue sharing.
Oracle's $10B Data Center Deal Collapses as Partner Blue Owl Backs Out
Blue Owl Capital withdraws from Oracle's $10B Michigan data center project amid concerns over rising debt and AI spending. Blackstone in talks to replace funding partner.
OpenAI and Amazon in Talks for $10 Billion AI Chip Deal
OpenAI is negotiating a $10 billion investment from Amazon to adopt Trainium chips, potentially valuing the AI company above $500 billion in a deal reshaping the AI hardware landscape.
Oracle Delays OpenAI Data Centers to 2028 Amid Shortages
Oracle pushes back completion of massive OpenAI data centers by one year to 2028, citing labor and material shortages in $300B cloud computing deal.