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Oracle shares fell 11% after the company announced an additional $20 billion capital raise and reported negative free cash flow of $23.7 billion for fiscal 2026, as investors worry about the high cost of its AI buildout. Despite beating Q4 estimates, the stock is down for the year.
Alphabet announces an $80 billion equity capital raise to expand its AI infrastructure and computing capabilities, signaling a massive commitment to advancing AI technology.
OpenAI closed a $122 billion funding round at an $852 billion valuation, becoming the fastest-growing technology platform to reach 1 billion weekly active users and generating $2 billion in monthly revenue by end of 2024. The round was anchored by Amazon, NVIDIA, and SoftBank, with participation from major global institutions and individual investors.