Key Points Oracle's $300 billion deal with OpenAI is transformative but contains risk. OpenAI's funding talks could de-risk Oracle's AI investments. 10 stocks we like better than Oracle › Oracle (NYSE: ORCL) stock was up by 6% at midday today. The stock's move underlined the importance of the fortunes of its key partner, AI technology company OpenAI. The stock's rise is due to positive news flow around OpenAI. Here's the lowdown. Oracle and OpenAI As a reminder, Oracle signed a $300 billion deal to provide computing power for OpenAI last September. It was a transformative deal that elevated Oracle to a leading hyperscaler.
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