Oracle has been sued by bondholders who claim the company concealed how much debt it would need to sell to support the AI buildout for Oracle's $300 billion OpenAI deal.
Oracle was sued on Wednesday by bondholders who say they suffered losses because the company chaired by billionaire Larry ...
The Register on MSN
Bond, debt bond: Investors shaken, not stirred by Oracle’s borrowing spree sue Big Red
Investors upset that company failed to inform them might need to take out even more debt. Datacenters don't come cheap.
Oracle has been accused of concealing its need to sell significant additional debt to build out its AI infrastructure.
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback