{"id":985532,"date":"2026-01-16T08:12:25","date_gmt":"2026-01-16T02:42:25","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=985532"},"modified":"2026-01-16T08:31:52","modified_gmt":"2026-01-16T03:01:52","slug":"oracle-sued-by-bondholders-over-losses-tied-to-ai-buildout","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/01\/16\/oracle-sued-by-bondholders-over-losses-tied-to-ai-buildout\/","title":{"rendered":"Oracle sued by bondholders over losses tied to AI buildout"},"content":{"rendered":"<p>NEW YORK: Oracle was sued on Wednesday by \u200dbondholders who say they suffered losses because the company chaired by billionaire Larry Ellison \u2060concealed its need to sell significant additional debt to build out its artificial intelligence infrastructure. <\/p>\n<p>The proposed class action was filed in a New York state court in \u200cManhattan on \u200cbehalf of investors who said they bought $18 billion of senior notes and bonds that Oracle issued \u200con September 25, shortly after the software and cloud computing company signed a $300 billion, five-year contract to supply Sam Altman&#8217;s OpenAI with computing power.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK: Oracle was sued on Wednesday by \u200dbondholders who say they suffered losses because the company chaired by billionaire Larry Ellison \u2060concealed its need to sell significant additional debt to build out its artificial intelligence infrastructure. The proposed class action was filed in a New York state court in \u200cManhattan on \u200cbehalf of investors who said they bought $18 billion of senior notes and bonds that Oracle issued \u200con September 25, shortly after the software and cloud computing company signed a $300 billion, five-year contract to supply Sam Altman&#8217;s OpenAI with computing power.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-985532","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/985532","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=985532"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/985532\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=985532"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=985532"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=985532"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}