Oracle Launches $20 Billion in Stock and Bond Sales

T1Covered by 1 source · first reported by The Information (teasers) at 02 Nov, 20:55 UTC

Oracle said on Monday that it plans to raise $20 billion through fresh debt and equity offerings, its latest funding move as it spends heavily on AI infrastructure. The cloud and software firm is selling $10 billion worth of investment-grade bonds and $10 billion in common stock. Oracle shares ...