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Investors sue Oracle, say it hid how shaky the OpenAI deal was — Blankdot

thenextweb.com1 month ago

Investors sue Oracle, say it hid how shaky the OpenAI deal was

Investors sue Oracle, say it hid how shaky the OpenAI deal was

The strain inside the AI boom’s biggest infrastructure bet has reached a courtroom. Oracle’s own investors are suing, saying the company hid how shaky its $300bn deal with OpenAI really was. A Michigan public pension fund, the City of Sterling Heights Police & Fire Retirement System, filed the…

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