ORCL May 2024 132.000 call
| Previous Close | 0.1200 |
| Open | 0.1200 |
| Bid | 0.0000 |
| Ask | 0.0200 |
| Strike | 132.00 |
| Expire Date | 2024-05-10 |
| Day's Range | 0.1200 - 0.1200 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 106 |
- Reuters
UPDATE 2-Elon Musk's xAI nears $10 bln deal to rent Oracle's AI servers, The Information reports
Elon Musk's artificial intelligence startup xAI has been talking to Oracle executives about spending $10 billion to rent cloud servers from the company over a period of years, The Information reported on Tuesday, citing a person involved in the talks. The deal would make xAI one of Oracle's largest customers, the report said, as Musk looks to raise funds for xAI in an attempt to rival the AI offerings of OpenAI and Google . XAI was reportedly in talks to raise $3 billion in a round last month, which would have valued the company at $18 billion.
ReutersElon Musk's xAI nears $10 billion deal to rent Oracle's AI servers, The Information reports
The deal would make xAI one of Oracle's largest customers, the report said, as Musk looks to raise funds for xAI in an attempt to rival the AI offerings of OpenAI and Google. XAI was reportedly in talks to raise $3 billion in a round last month, which would have valued the company at $18 billion. Oracle and Elon Musk did not immediately respond to Reuters requests for comment.
PR NewswireOracle Named a Leader in 2024 Gartner® Magic Quadrant™ for Warehouse Management Systems
Oracle has been named a Leader in the 2024 Gartner® Magic Quadrant™ for Warehouse Management Systems for the ninth consecutive year. Oracle was recognized based on its Ability to Execute and Completeness of Vision. A copy of the report is available here.
