Oracle to raise up to $50 billion in 2026
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The capital injection aims to satisfy surging cloud demand from heavyweight clients including OpenAI, Meta, Nvidia, AMD, TikTok, and xAI.
Oracle (NYSE:ORCL) announced on Friday that it expects to raise $45 billion to $50 billion in cash this year through a balanced mix of debt and equity financing. The funds will support expansion of its Oracle Cloud Infrastructure (OCI) to deliver on massive contracted demand for AI and cloud capacity from key customers including Advanced
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Oracle shares drop about 3% after news of $50 billion fundraise for cloud infrastructure expansion
Oracle is raising these funds to satisfy rising demand from its premier cloud clients, which include major entities such as Advanced Micro Devices Inc., Meta Platforms Inc., Nvidia Corp., OpenAI, TikTok Inc.
Oracle stock still looks like a "Buy" with an intrinsic value of $220 and AI-driven cloud growth. Here's what investors need to know.
Oracle shares were higher on Monday after the company disclosed plans to raise between $45 billion and $50 billion in funding.
Oracle stock rose on Monday after the tech giant said it plans to raise up to $50 billion this year to fund its ambitious bet on AI and cloud computing.