From Hindustan Times
Center Owned by HT MediaOracle to raise $20 billion through bond and share sales for AI expansion as shares fall nearly 6%
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center · 1 outlet
Oracle plans to raise $20 billion through bond and share sales to fund AI expansion as its shares fall 6% amid investor concerns over debt and spending.
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right · 1 outlet
The company said last week that it expects capital spending to peak this fiscal year and the next as it builds more cloud-computing capacity, but pledged to raise no more than $20 billion in additional financing for AI through fiscal 2030.
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Oracle plans to raise $20 billion through bond and share sales to fund AI expansion as its shares fall 6% amid investor concerns over debt and spending.
