Oracle shares rebound after news of $50 billion fundraise for cloud infrastructure expansion
Oracle is raising these funds to satisfy rising demand from its premier cloud clients, which include major entities such as Advanced Micro Devices Inc., Meta Platforms Inc., Nvidia Corp., OpenAI, TikTok Inc., and xAI Corp.
Oracle is raising these funds to satisfy rising demand from its premier cloud clients, which include major entities such as Advanced Micro Devices Inc., Meta Platforms Inc., Nvidia Corp., OpenAI, TikTok Inc., and xAI Corp.
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