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Nvidia in talks with OpenAI to guarantee $250 billion financing for data center, WSJ reports
Reuters9d agoneutral
Nvidia in talks with OpenAI to guarantee $250 billion financing for data center, WSJ reports

Nvidia is in talks to provide a roughly $250 billion financing ‌for OpenAI as part of a ‌massive data center project, The Wall Street Journal reported ​on Sunday. The guarantees from Nvidia would help the ChatGPT maker lease a 10-gigawatt project that SoftBank's energy subsidiary is developing in southern Ohio, ‌the newspaper said, ⁠citing people familiar with the matter. Nvidia, OpenAI and U.S. Commerce Department did not respond to requests for comment outside ‌regular business hours.

Insider Monkey11d agoneutral
Oracle Corporation (NYSE:ORCL)’s Stock Is The One To Watch, Says Jim Cramer

Oracle Corporation (NYSE:ORCL)’s shares are among the most troubled in the market when it comes to AI investing. They have been on a wild ride in 2026 and are down by 41% year-to-date after having gained 27% until June 1st. Cramer has also discussed Oracle Corporation (NYSE:ORCL) several times in 2026. For instance, on July […]

Oracle’s defense pivot lands its biggest government win yet
TheStreet11d agoneutral
Oracle’s defense pivot lands its biggest government win yet

The U.S. Department of Defense has entered an aggressive new era of spending this year. Before launching into its massive new tech overhauls, it kicked off the momentum with a $266 million firm-fixed-price contract awarded to Rocket Lab for 12 suborbital launches. But aerospace isn't the only ...