By TOI Tech Desk
Publication Date: 2026-02-06 05:53:00
Oracle recently shared a social media post clarifying that the company’s financial relationship with OpenAI is not affected by the Nvidia-OpenAI deal. Oracle shares were trading nearly 2% higher during the day when the company published the 26-word post. However, shortly after the post was published, stocks saw a sharp reversal. At the end of trading, the stock closed down 2.79% at $160.06, wiping out an estimated $3.5 billion in market value in a single trading session.“The NVIDIA-OpenAI deal has no impact on our financial relationship with OpenAI. We remain highly confident in OpenAI’s ability to raise funds and meet its obligations,” read the post shared online by Oracle. The post on A report from Bloomberg says Nvidia is close to completing a $20 billion program.
