Oracle Plans $20 Billion Stock and Bond Offerings for AI Expansion
Oracle plans to raise $10 billion through common stock and $10 billion through senior notes to finance its AI infrastructure expansion.
REDWOOD SHORES (dpa-AFX) - Oracle Corp. (ORCL) plans to raise $20 billion through a combination of stock and debt offerings to finance its artificial intelligence infrastructure expansion.The company filed plans to sell $10 billion in common stock and issue another $10 billion in senior notes, acco…