Times of IndiaLean R·
Oracle caps additional AI funding at $20 bn; what investors are saying
Oracle has set a cap of $20 billion for financing its AI ventures, aiming to generate positive cash flow by fiscal 2028. The strategy involves reducing dependence on external funds while cutting down on debt and stock sales in upcoming years. Despite its close ties with OpenAI, Oracle anticipates robust growth in cloud services. These initiatives are crafted to reassure investors given the current concerns around infrastructure investments.
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