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Oracle dropped about 7.5% in premarket trading Tuesday.
OpenAI has recently missed its internal projections for user growth and revenue.
KEY POINTS
- Oracle holds a $300 billion, five-year partnership to supply computing power to OpenAI.
- OpenAI's finance chief warned that slowing revenue could threaten future compute funding agreements.
- SoftBank Group, a major OpenAI investor, saw its shares drop around 10% due to these concerns.
- The WSJ report is prompting doubts about OpenAI's ability to meet its infrastructure obligations.
COMPANIES
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