Wednesday, 15 July, 2026
The Sam Altman Risk: S&P Slashes Oracle Rating to Near-Junk Over OpenAI Dependencies
By TechShots Studio
S&P Global Ratings downgraded Oracle’s credit rating to 'BBB-', placing it just one notch above junk status. The agency named Sam Altman’s OpenAI as a primary credit risk, estimating it comprises roughly half of Oracle’s $638 billion in remaining performance obligations. S&P warned that Oracle could face devastating data center lease liabilities if OpenAI or the broader AI industry experiences a financial downturn.
Read full story at TIMES OF INDIA