Oracle to Raise Up to $50 Billion for Cloud Investment

Oracle to Raise Up to  Billion for Cloud Investment



Oracle to Raise Up to $50 Billion for Cloud Investment
Oracle Corp. plans to raise $45 billion to $50 billion this year through a combination of debt and equity sales. The company is raising money to build additional capacity to meet the contracted demand from the its largest cloud customers, including Nvidia Corp. and OpenAI. Bloomberg’s Neil Campling breaks down the situation.


www.bloomberg.com
#Oracle #Raise #Billion #Cloud #Investment

Share: X · Facebook · LinkedIn

Leave a Reply

Your email address will not be published. Required fields are marked *