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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.

The capital injection aims to satisfy surging cloud demand from heavyweight clients including OpenAI, Meta, Nvidia, AMD, ...

By Rashika Singh Feb 2 (Reuters) - Oracle shares gained 2% on Monday after Wall Street analysts said the software company's ...