Oracle Details $20 Billion Plan to Fund AI Buildout
Oracle disclosed details of its previously announced plan to raise $20 billion to fund AI infrastructure expansion. Its stock fell Monday.
By Ty RoushOracle stock fell Monday after the software giant spelled out the details of a previously announced plan to raise $20 billion to help fund its artificial-intelligence infrastructure expansion.The company disclosed in a Securities and Exchange Commission filing it would issue a $10 billio…