Investors claim Oracle misled them over OpenAI deal

A Michigan-based public pension fund filed a class-action lawsuit against Oracle, alleging the company misled investors about a $25 billion note offering tied to a $300 billion cloud deal with OpenAI. The lawsuit claims Oracle failed to disclose OpenAI's financial struggles, including missed revenue targets and doubts about its ability to pay for cloud services, which allegedly caused the value of the notes to plummet.