BUZZ - Oracle stock rises; reports say OpenAI's annual recurring revenue (ARR) is approaching 70 billions dollars

September 29 - ** Cloud services company Oracle (ORCL.N) saw its share price rise by 6.6% to $141.31

** According to Axios, OpenAI's annual recurring revenue (link) has reached nearly $70 billion, as its enterprise sales in July more than doubled

** OpenAI has not yet immediately responded to Reuters' request for comment

** ORCL is the main computing infrastructure provider for OpenAI

** As of the previous trading day’s close, ORCL's share price has fallen by about 32% so far this year

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