Feb 1 (Reuters) - Oracle expects ​to raise $45 billion to $50 billion in 2026 to build additional capacity ‍for its cloud ...
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Oracle plans to raise between $45 billion and $50 billion this year as it looks to fund its huge bet on cloud computing.
As of Friday, Oracle shares had dropped more than 50% from last year's high, but were once again rising by Monday morning.
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.
The capital injection aims to satisfy surging cloud demand from heavyweight clients including OpenAI, Meta, Nvidia, AMD, ...
Oracle said it plans to raise between $45 billion and $50 billion this year to fund its artificial-intelligence ...
Oracle said on Sunday it planned to raise $45 billion to $50 billion of gross cash proceeds during the 2026 calendar year to build additional capacity to meet contracted demand from its cloud ...