Oracle plans to raise $20 billion through bonds and stock sales

T1Covered by 1 source · first reported by Economic Times — Tech / Technology / Startups / ETTelecom at 03 Nov, 09:02 UTC

The company said last week that it expects capital spending to peak this fiscal year and the next as it builds more cloud-computing capacity, but pledged to raise no more than $20 billion in additional financing for AI through fiscal 2030.

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Sources

• T1Oracle plans to raise $20 billion through bonds and stock salesEconomic Times — Tech / Technology / Startups / ETTelecom03 Nov, 09:02