The $300 billion Oracle-OpenAI agreement, announced on September 10, has led to a $315 billion wipeout in Oracle’s market value, resulting in a net negative of $74 billion for the deal. This sharp decline stems from investor concerns over Oracle’s heavy debt reliance and singular focus on OpenAI for future growth. Oracle’s market value plummeted […]
Source: https://en.coinotag.com/oracles-openai-deal-triggers-315-billion-market-loss-amid-debt-risks
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