Oracle Plans $20 Billion Debt and Equity Raise for AI Buildout
Oracle plans to sell $10 billion in common stock and $10 billion in bonds to finance its AI infrastructure buildout, according to separate SEC filings.
By Kelly CloonanOracle plans to raise $20 billion in debt and equity as it looks to finance its artificial intelligence infrastructure buildout.The software company is selling $10 billion in common stock and $10 billion in bonds, according to separate filings with the Securities and Exchange Commis…