Oracle Corporation

Microsoft Corporation

Gemini Space Station

Microsoft and OpenAI announced a tentative agreement that will allow the AI startup to transform itself into a commercial company and attract billions in new investment. Oracle, on the other hand, has seen its shares come under pressure following reports that the growth of its cloud business relies heavily on a single customer, OpenAI. In the crypto sector, Winklevoss Brothers' Gemini IPO priced at $28 per share, generating a valuation of $3.3 billion despite continuing losses. On these and other topics - in our review of key events by the morning of September 12.

Highlights for the morning: Microsoft and OpenAI deal, crypto-IPO Gemini and rally in Asia

Alibaba Group Holding Limited

The Ant startup is focusing on developing "brains" for robots, rather than hardware that can eventually be outsourced to contractors

Optimus competitor: Jack Ma's project showed a humanoid robot controlled by a neural network

Nebius Group N.V.

Nebius increased its convertible bond offering by $0.75 bln

Volozh's Nebius raised $3.75 bln. Because of the deal with Microsoft, the price of the securities rose by 44%

Oracle expects its revenue from AI-powered cloud solutions to grow 620% in four years

Oracle increased its capitalization by 36% in just one day. That's a record for bigtechs

The amount of the deal is many times the current revenue of the owner of ChatGPT

Oracle signs one of the largest cloud contracts in history with OpenAI - WSJ

Apple Inc.

Some experts on Wall Street expect Apple's stock to rise by another quarter

Apple shares fell after the presentation of new iPhones. What do analysts advise investors?

Nebius quotes continued to rise on Wednesday after soaring 50% a day earlier

Nebius CEO Volozh's fortune rose $1 billion in a day thanks to a deal with Microsoft

The cloud provider entered into an unprecedented agreement with OpenAI this summer, reserving 4.5 gigawatts of data center capacity for the partner

Oracle forecasts aggressive revenue growth for its cloud business. Shares soared 28%

Volozh's shares soar 50% after deal with tech giant 

Moment of recognition: what is Wall Street saying about Nebius after the Microsoft deal?

Apple fans have seen no signs of the start of the "supercycle" they've long awaited  

Investors were not impressed with the new iPhones. Apple's stock declined 

Technology giant Oracle, whose shares are up more than 40% this year, will report quarterly earnings after the close of trading on September 9. The market expects the company to confirm the acceleration of revenue growth due to cloud services and demand for AI infrastructure. But experts warn: even if Oracle lives up to its ambitious forecasts, the rally should not be expected to repeat.

Oracle is preparing to report for the quarter. What do analysts expect after the stock rallies 40%?

ASML Holding N.V.

NVIDIA Corporation

Nvidia also participated in the investment round of French AI startup Mistral AI

Artificial intelligence (AI)