The deal positions Snowflake to compete with Databricks in AI while giving OpenAI enterprise distribution beyond Microsoft’s ecosystem.
Oracle's 5-year credit default swaps are tumbling after the company announced a $50 billion debt and equity financing plan.
The tech giant has invested huge sums in the AI infrastructure buildout in recent times.
Oracle Corp. plans to raise $45 billion to $50 billion this year through a combination of debt and equity sales to build ...
Oracle Corp. engages in the provision of products and services that address aspects of corporate information technology environments, including applications and infrastructure technologies. It ...