Oracle Slides by Most Since January on Mounting AI Spending

from Bloomberg Tech · host Bloomberg

Oracle falls after reporting a jump in spending on AI data centers and other equipment. Plus, Disney agrees to invest $1 billion in OpenAI and license characters for use on the Sora generative video platform, and the CEO of chip-design software maker Synopsys joins to break down the company's earnings following a significant equity investment from Nvidia earlier this month.See omnystudio.com/listener for privacy information.

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