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NYSE:ORCL 30 January 2026 - 10 February 2026

Nvidia’s $20B OpenAI deal talk is back — and Oracle’s AI funding bet is in the spotlight

Nvidia’s $20B OpenAI deal talk is back — and Oracle’s AI funding bet is in the spotlight

Nvidia is close to finalizing a roughly $20 billion investment in OpenAI during the AI company’s latest funding round, a source familiar with the situation said. The agreement isn’t set in stone yet, even as OpenAI has looked at alternatives to some of Nvidia’s latest chips. That’s despite CEO Sam Altman describing Nvidia’s products as “the best AI chips in the world.”
Nvidia’s Jensen Huang says “no drama” with OpenAI as chip doubts and Oracle’s $50B AI funding plan collide

Nvidia’s Jensen Huang says “no drama” with OpenAI as chip doubts and Oracle’s $50B AI funding plan collide

OpenAI, the maker of ChatGPT, is unsatisfied with some of Nvidia’s latest AI chips and has looked for alternatives since last year, eight sources familiar with the matter said, potentially complicating investment talks between two of the most visible names in the AI boom. The concern centers on “inference” — when a model answers a user — as opposed to training, the heavy-lift phase that has powered Nvidia’s rise in graphics processing units.
Oracle stock price slides after $50 billion AI funding plan as dilution math hits ORCL

Oracle stock price slides after $50 billion AI funding plan as dilution math hits ORCL

Oracle shares dropped 2.7% to $160.06 in after-hours trading Monday following the company’s announcement of plans to raise $45 billion to $50 billion in 2026 aimed at rapidly expanding its cloud data centers. During the session, the stock fluctuated between $155.90 and $175.62. The funding will come from a mix of equity and a one-time senior unsecured bond issuance, with Goldman Sachs leading the bond deal and Citigroup managing the equity offerings.
3 February 2026
AI stocks slide premarket as Oracle lines up $50 billion raise and Nvidia-OpenAI deal doubts linger

AI stocks slide premarket as Oracle lines up $50 billion raise and Nvidia-OpenAI deal doubts linger

Oracle shares dropped 2.6% in premarket Monday after the company revealed plans to raise $45 billion to $50 billion this year to boost cloud infrastructure for AI workloads. The software giant, led by billionaire Larry Ellison, intends to fund this with roughly equal parts debt and equity, including a new $20 billion at-the-market program that allows gradual share sales. This move aims to support demand from clients like AMD, Meta, Nvidia, OpenAI, TikTok, and xAI. The company has been under pressure following a bondholder lawsuit filed in January and a rise in its credit-default swap costs, a default insurance measure. Russ Mould of AJ Bell noted that Oracle’s fortunes now seem “tied to OpenAI,” while Jefferies analysts cautioned the plan “buys time” but may hurt margins and keep free cash flow in the red until fiscal 2029.
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