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Dollar30 Billion

All articles tagged with #dollar30 billion

business6 months ago•3 min saved

Oracle's $30B Cloud Deal Sparks Stock Surge and Growth Optimism

Oracle has secured a cloud contract worth over $30 billion annually, likely with OpenAI, which will significantly boost its revenue and infrastructure expansion, including building AI data centers and increasing capital expenditures, as part of its FY26 growth strategy.

via SiliconANGLE|

#ai-data-centers #business #cloud-contract

finance2 years ago•4 min saved

Eleven Banks Unite to Provide $30 Billion Rescue to First Republic

First Republic has secured a $30 billion rescue package from a group of large banks to ensure its financial stability amid the economic uncertainty caused by the COVID-19 pandemic. The package includes a $20 billion loan facility and a $10 billion repurchase agreement, and is aimed at providing liquidity to the bank in case of a potential bank run.

via CNN|

#banks #dollar30-billion #finance