Oracle plans to raise between $45 billion and $50 billion this year as it looks to fund its huge bet on cloud computing to power artificial intelligence. About half of that will be in debt, which will ...
Oracle India is planning to set-up new AI data centres in India starting with one in collaboration with Amazon Web Services and Google Cloud each. The plans are in line with the company’s plan to ...
Shares of enterprise software giant Oracle (NYSE:ORCL) jumped 10.3% in the afternoon session after it received an upgrade from D.A. Davidson analyst Gil Luria, who raised his rating from Hold to Buy ...
Amid an unprecedented AI-focused borrowing binge, Oracle became the first of the hyperscalers to blink on the public equity side, raising US$5bn from the sale of a mandatory convertible preferred, ...
Oracle Corp. plans to raise $45 billion to $50 billion this year through a combination of debt and equity sales to build additional cloud infrastructure capacity, reflecting the scale of financing ...
After issuing an $18 billion bond offering last fall, Oracle intends to tap the debt and equity markets anew in 2026 Oracle's stock is down 50% from its September high. To finance its ...
To finance its artificial-intelligence ambitions, Oracle is looking to raise more money at a time when Wall Street has gotten more worried about the level of financing underpinning the AI boom. The ...
Austin-based technology titan Oracle Corp. recently announced plans to raise between $45 billion and $50 billion this year to help fund its growing artificial intelligence infrastructure plans. The ...
On Sunday, Oracle said it plans to raise $45 billion to $50 billion in 2026 to build additional capacity for its cloud infrastructure. "Oracle is raising money in order to build additional capacity to ...
Feb 1 (Reuters) - Oracle expects to raise $45 billion to $50 billion in 2026 to build additional capacity ‍for its cloud infrastructure, the software company said on Sunday. The company, chaired by ...