Blue-chip index rises as investors shift away from big-name tech stocks
Larry Ellison’s company raises its capital expenditure forecast as it doubles down on AI infrastructure bet
The database company’s stock looks like a leveraged bet on OpenAI being able to meet its long-term promises
Single-name CDS are so hot right now
Darjeeling tee
Plus, the market weighs in on Oracle’s massive AI bets and AkzoNobel makes its play to build a $25bn paint empire
AI’s circular economy may have a reverse Midas at the centre
Trump-supporting billionaire narrows EIT’s ambitions by cutting initiatives and tightening control
Larry Ellison’s software company falls more than rivals over its borrowing and reliance on OpenAI contracts
The AI hyperscaler capex plans keep on growing and growing
Partners including Nvidia, AMD and Oracle have signed up to Sam Altman’s huge bet on the future of artificial intelligence
Abu Dhabi’s MGX joins Silver Lake and Oracle as lead investors
Oracle splits chief executive role as Safra Catz steps down
Move comes as software company benefits from artificial intelligence boom
White House says US owners of app will lease and rebuild ByteDance’s recommendation software
Plus, US and Beijing iron out TikTok deal terms and Tokyo’s finance hopes
At 81, Oracle’s co-founder has reinvented himself as a power in AI to become (briefly) the richest person in the world
In the long run, we are all data
Tech billionaire capitalised on the AI boom to briefly claim the title of world’s richest person
Founder of software company, which has signed big AI-related deals, briefly overtakes Elon Musk as world’s richest person
Group’s shares jump nearly 40% lifting its valuation close to $1tn
Private capital joins Big Tech in seeking to capture rewards from historic expansion of data centres
The tech groups are increasingly tied to each other and act as a bulwark to Microsoft-OpenAI partnership
Stargate joint venture with SoftBank seeks more computing power to run powerful AI models
Data centre group says business from unnamed new client will start to generate revenue by 2028
