US credit rating agency Moody’s Ratings flagged several potential risks in Oracle Corp’s (ORCL.N) $300 billion of recently signed artificial intelligence contracts, but stopped short of taking ratings action against the software giant.
Oracle (ORCL.N) said this month it expected booked revenue at its Oracle Cloud Infrastructure business to exceed half a trillion dollars.
The Wall Street Journal then reported that OpenAI had signed a contract to purchase $300 billion
